Bajaj Auto Q3 PAT seen up 5.7% YoY to Rs. 2,158.7 cr: PL Capital

PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 2,158.7 crore up 5.7% year-on-year (up 7.7% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 13,084.4 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 2,672.6 crore.

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