Bajaj Auto Q4 Results

Firm admits it had its first case on June 6, but says it undertook testing, contact tracing, self-isolation and complete sanitation as per protocol

At operating level, company's earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 2.1 percent to Rs 1,252.8 crore

The Rajiv Bajaj-led company remains optimistic of the road ahead even as the lock down due to the Covid-19 pandemic has crippled the economy

Improvement in realisations and average selling price (ASPs) should provide some relief to the bottom-line

The company had posted a consolidated net profit of Rs 1,175.47 crore in the year-ago period

According to Sharekhan, Bajaj Auto may see a 5.8 per cent year-on-year (YoY) decline in net profit or profit after tax (PAT) at Rs 1,017.1 crore