Friday 17 May 2019

Bajaj Auto Q4 Profit Likely To Decline 5% YoY To Rs 1,048cr

Bajaj Auto is scheduled to announce its fourth quarter earnings on May 17. Research and broking firm Sharekhanexpects the auto major to report a net profit of Rs 1,017.1 crore, down 5.8 percent year-on-year and 7.7 percent quarter-on-quarter.

Net sales are expected to increase 5.5 percent YoY (down 3.6 percent QoQ) to Rs 7,142.6 crore.

Earnings before interest, tax, depreciation and amortisation is likely to fall 416.7 percent YoY (down 35.2 percent QoQ) to Rs 15.3 crore.

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