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Bajaj Auto Q1 PAT seen up 7% YoY to Rs. 1,198.9 cr: Arihant Capital

Net Sales are expected to decrease by 3 percent Y-o-Y (down 12 percent Q-o-Q) to Rs. 7,542.1 crore, according to Arihant Capital.

July 15, 2021 / 11:37 AM IST
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Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the Auto sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1198.9 crore up 7% year-on-year (down 10% quarter-on-quarter).

Net Sales are expected to decrease by 3 percent Y-o-Y (down 12 percent Q-o-Q) to Rs. 7,542.1 crore, according to Arihant Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6 percent Y-o-Y (down 13 percent Q-o-Q) to Rs. 1,321.8 crore.

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