Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,145.7 crore down 26.4% year-on-year (down 1.8% quarter-on-quarter).
Net Sales are expected to increase by 1.1 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 9,010.2 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 25.6 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 1,286.9 crore.
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