 "bajaj auto, motorcycle, bike, two wheeler")
Two-wheeler major Bajaj Auto is set to announce its fourth-quarter results on Wednesday for the quarter ending March 2020 (Q4FY20). According to analysts, Bajaj Auto's revenues may see a decline of over 10 per cent on a year-on-year (YoY) basis, led by 17 per cent fall in volumes to 9.91 lakh units. However, improvement in realisations and average selling price (ASPs) should provide some relief to the bottom-line.
Bajaj Auto clocked a net profit of Rs 1,067.6 crore and revenue of Rs 7,420.5 crore in Q4FY19. At the bourses, Bajaj Auto tumbled 35.8 per cent in Q4FY20 as compared to Nifty's
