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Bajaj Auto Q1 PAT seen up 107% YoY to Rs. 1,093 cr: ICICI Direct

Net Sales are expected to increase by 140.1 percent Y-o-Y (down 14 percent Q-o-Q) to Rs. 7,394 crore, according to ICICI Direct.

July 13, 2021 / 12:33 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Auto and Auto Ancillary sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,093 crore up 107% year-on-year (down 17.9% quarter-on-quarter).

Net Sales are expected to increase by 140.1 percent Y-o-Y (down 14 percent Q-o-Q) to Rs. 7,394 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 187.1 percent Y-o-Y (down 23 percent Q-o-Q) to Rs. 1,173 crore.

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