Auto parts and equipment major Bosch is likely to post a 5 percent fall in its profit for the September quarter at Rs 413 crore against Rs 434 crore during the same period last year, analysts polled by CNBC-TV18 revealed.
Revenue for the firm is likely to be higher by 21 percent at Rs 3,164 crore against Rs 2,611 crore.
At the operating level, the earnings before interest, taxes, depreciation and amortisation (EBITDA) could be higher by 21 percent at Rs 569 crore against Rs 469 crore year on year.
Meanwhile, the margin is seen flat at 18 percent.
Among the key factors, analysts said that revenue growth could be aided by strong increase in domestic CV & tractor volumes. They also believe that its performance could be hit by the decline in domestic CV volumes. The firm had an exceptional gain from sale of its starter motor and generator division worth Rs 281 crore in the second quarter.
Investors must note that it sold off its starter motors & generator business (accounted 10% of revenue) in August 2016 and hence results would not be comparable. Moreover, higher depreciation & normalized other income is likely to impact profit, they said.
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