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Last Updated : Oct 10, 2019 01:55 PM IST | Source: Moneycontrol.com

Bajaj Auto Q2 PAT seen up 6.5% YoY to Rs. 1,227.3 cr: ICICI Direct

Net Sales are expected to decrease by 6 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 7,506.5 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,227.3 crore up 6.5% year-on-year (up 9% quarter-on-quarter).


Net Sales are expected to decrease by 6 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 7,506.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.6 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 1,200.6 crore.


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First Published on Oct 10, 2019 01:55 pm
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