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Bajaj Auto Q1 preview: Robust exports, product mix to cushion margin hit

Bajaj Auto Q1 preview: Analysts at Nomura expect revenue growth of 142 per cent YoY, but down 13 per cent sequentially, at Rs 7,456.4 crore led by volume growth of 12 per cent on year.

(Photo: Bloomberg)
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(Photo: Bloomberg)

Nikita Vashisht New Delhi
Bajaj Auto Q1 preview: Bajaj Group's automobile arm, Bajaj Auto, is all set to report its June quarter (Q1FY22) result on Thursday, July 22. Given the subdued quarter on weaker volumes and rising commodity cost pressures, analysts expect the industry's performance to take a sequential hit even as year-on-year (YoY) numbers could show impressive growth owing to low base of Q1FY21.

"The auto industry broadly encountered healthy demand conditions in Q1FY22 barring May, where state-specific lockdowns amid Covid resurgence played spoilsport. Topline performance is expected to be slightly better than industry volume trends given broad-based price hikes but margins are

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First Published: Jul 21 2021 | 10:52 AM IST

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