ICICI Securities has come out with its fourth quarter (Jan-March’ 26) earnings estimates for the Automobile sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 2,613.4 crore up 27.5 % year-on-year (up 1.9 percent Q-o-Q).
Net Sales are expected to increase by 29.4 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 15,714.1 crore, according to ICICI Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.4 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 3,220.7 crore.
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