India's second largest two-wheeler maker Bajaj Auto is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go up by 33% at Rs 634 crore from Rs 475 crore in Q3FY10 and Rs 682 crore in Q2FY11.
Revenues are seen going up by 25% at Rs 4,121 crore in third quarter from Rs 3,295 crore in same quarter of previous year and Rs 4,341 crore in previous quarter.
However, operating profit margin is seen declining at 20.3% versus 22% (YoY).
What to watch out for:
* After 4 quarters of 40% YoY volume growth, Bajaj Auto
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