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Last Updated : Oct 12, 2020 09:39 AM IST | Source: Moneycontrol.com

Bajaj Auto Q2 PAT may dip 16% YoY to Rs. 1,178 cr: ICICI Direct

Net Sales are expected to decrease by 7 percent Y-o-Y (up 134 percent Q-o-Q) to Rs. 7,192 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its Second quarter (July-September 20) earnings estimates for the Auto and auto ancillary sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,178 crore down 16% year-on-year (up 123% quarter-on-quarter).

Net Sales are expected to decrease by 7 percent Y-o-Y (up 134 percent Q-o-Q) to Rs. 7,192 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4 percent Y-o-Y (up 201 percent Q-o-Q) to Rs. 1,231 crore.

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First Published on Oct 10, 2020 11:03 am
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