Bajaj Auto Q2 FY25 Results Preview: Net profit likely to grow by one-fourth; margin may expand by 40 bps
Bajaj Auto Q2 FY25 Results Preview: Bajaj Auto is scheduled to report its financial results on Wednesday, October 16. Here is what investors can expect from the upcoming earnings report by the motorcycle manufacturer whose popular models include Pulsar, Discover and Dominar.
Bajaj Auto Q2 FY25 Results Preview: Pune-headquartered Bajaj Auto—whose popular motorcycles include Pulsar, Discover and Dominar—is set to report its financial results for the July-September period on Wednesday, October 16. The motorcycle manufacturer is expected to stage a strong financial performance for the three-month period owing to strong sales volumes and a mid-single-digit percentage increase in its realisations.
According to Zee Business research, Bajaj Auto is estimated to register a standalone net profit of Rs 2,275 crore for the quarter ended September 30, which translates to an increase of 24 per cent over the corresponding period a year ago. The analysts estimate its second-quarter revenue at Rs 13,250 crore, marking growth of 23 per cent on a year-on-year basis.
The auto maker is estimated to clinch a 27 per cent jump in its quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) to Rs 2,700 crore, according to the research.
Zee Business analysts peg Bajaj Auto's September-quarter margin—a measure of profitability—at 20.4 per cent, up 60 basis points (bps) over the year-ago period. They expect the company's volumes to grow 15.9 per cent to 12.2 lakh units, also driven by a 7 per cent increase in exports owing to a recovery in African and South Asian markets.
Investors will closely track the company's outlook on festive season demand in the domestic rural market.
Bajaj Auto will be the first major auto manufacturer to report its financial results for the second quarter of the current financial year.
Meanwhile, Hyundai Motor India launched India's biggest-ever IPO of all time on Tuesday.
ALSO READ: Hyundai Motor IPO Day 1 | Subscription update, issue price, lot size, other key details to know
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