Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 2,465.1 crore up 22.9% year-on-year (up 17.6 percent Q-o-Q).
Net Sales are expected to increase by 12.8 percent Y-o-Y (up 17.6 percent Q-o-Q) to Rs. 14,802.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.2 percent Y-o-Y (up 21 percent Q-o-Q) to Rs. 3,002 crore.
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