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Bajaj Auto Q1 preview: Higher other income to cushion decline in net profit

For the period under review, the stock price of Bajaj Auto leaped 39.5 per cent, as against 18.4 per cent rise in the Sensex. In comparison, the S&P BSE Auto index surged 42 per cent.

Topics
Bajaj Auto | Rahul Bajaj

Nikita Vashisht  |  New Delhi 

Bajaj Auto
Bajaj Auto

With a volume decline of over 60 per cent year-on-year, analysts expect Bajaj Auto’s margins to remain under pressure for the April-June quarter earnings of financial year 2020-21 (Q1FY21). However, the decline in net profit could be cushioned by higher other income, analysts say.

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First Published: Tue, July 21 2020. 08:16 IST
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