Moneycontrol
Get App
Last Updated : Oct 17, 2019 04:39 PM IST | Source: Moneycontrol.com

Bajaj Auto Q2 PAT seen up 3.9% YoY to Rs. 1,197.8 cr: Reliance Securities

Net Sales are expected to decrease by 8.2 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 7,332.4 crore, according to Reliance Securities.

Scheduled to go on sale in January the Chetak will be manufactured at the Chakan plant which is where Bajaj also makes the KTM, Pulsar and Avenger range of bikes. Pilot production of the Chetak began in September (Image: Bajaj Auto)
Scheduled to go on sale in January the Chetak will be manufactured at the Chakan plant which is where Bajaj also makes the KTM, Pulsar and Avenger range of bikes. Pilot production of the Chetak began in September (Image: Bajaj Auto)
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Reliance Securities has come out with its second quarter (July-September’ 19) earnings estimates for the Auto sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,197.8 crore up 3.9% year-on-year (up 6.4% quarter-on-quarter).


Net Sales are expected to decrease by 8.2 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 7,332.4 crore, according to Reliance Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 18 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 1,101.3 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Oct 17, 2019 04:39 pm
Sections
Follow us on