Expect exports & domestic CV to do well in Q4: Bajaj Auto

In an interview to CNBC-TV18, Kevin D'sa, President-Finance at Bajaj Auto spoke about the results and his outlook for the company.

D’sa said that the total turnover has gone up by about 16 percent and operating EBITDA has gone up by 17 percent.

He further said that 51 percent of our business, which is represented by exports in three-wheelers has done exceedingly well and exports in number terms have gone up by 25 percent, domestic commercial vehicles (CVs) has gone up by 105 percent and this trend line is likely to continue in Q4 as well.

Talking about growth, D’sa said, "For me, as I go into Q4 I see the absolute profit increasing, I see the absolute numbers increasing and there should be an inch up in margins as well. So we are looking forward into Q4 and going forward into FY18-19 with a lot of confidence in the entire business because I believe all three businesses are firing well.”

Watch accompanying video for more details…