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Bajaj Auto Q1 PAT seen up 100% YoY to Rs 1,056 cr: Sharekhan

Net Sales are expected to increase by 141.5 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs 7,436 crore, according to Sharekhan.

July 15, 2021 / 07:02 PM IST
 
 
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Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs 1,056 crore up 100% year-on-year (down 20.7% quarter-on-quarter).


Net Sales are expected to increase by 141.5 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs 7,436 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 323 percent Y-o-Y (down 123 percent Q-o-Q) to Rs 16.5 crore.


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