Bajaj Auto may report double-digit rise in profit, revenue growth in Q3

Bajaj Auto is expected to report decent numbers when it comes out with its December quarter results today. According to analysts, single digit decline in volumes and benign raw material costs should help Bajaj Auto report slightly higher revenue and profit growth in double digits. For Bajaj Auto, total volumes for the quarter came in at 12 lakh units, down 4.6 per cent on a year-on-year (YoY) basis with two-wheeler (2-W) volumes down 5 per cent YoY to 10.3 lakh units and three-wheeler (3-W) volumes down 3 per cent YoY at 1.75 lakh units.

In the corresponding year-ago quarter, Bajaj