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Bajaj Auto Q2: Analysts see 10- 26% YoY dip in PAT; margin expansion likely

According to the company's monthly auto sales data, Bajaj Auto sold 10.53 lakh units during Q2FY21, down 10.2 per cent on YoY basis

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Chirinjibi Thapa New Delhi
Bajaj Auto is scheduled to announce its September quarter earnings on Thursday and analysts expect the automaker to report strong sequential recovery, albeit lower on year-on-year (YoY) basis, on both the revenue and bottom-line front while margins are set to expand.

According to the company's monthly auto sales data, Bajaj Auto sold 10.53 lakh units during Q2FY21, down 10.2 per cent on year-on-year (YoY) basis as compared to 11.73 lakh units sold in Q2FY20. It comprises the sale of 5.73 lakh units and 4.79 lakh units in the domestic market and export, respectively. On a quarter-on-quarter (QoQ) basis, however, Bajaj Auto

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First Published: Oct 22 2020 | 7:44 AM IST

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