Analysts expect realisations to rise 4.2 percent YoY to Rs 62,022 per unit, driven by improvement in product mix and price hikes taken on November Bajaj Auto's third quarter (October-December) profit is expected to increase 14.5 percent to Rs 1,058 crore, from Rs 924.6 crore in same quarter last year.
Revenue from operations may grow 24 percent to Rs 6,251 crore from Rs 5,067 crore YoY, according to average of estimates of analysts polled by CNBC-TV18.
The stock is trading near its all-time high and already rallied 20% in the last one year.
Volume growth was healthy during the quarter, rising 17.5 percent YoY to 10.01 lakh units from 8.5 lakh units.
Export markets have also seen good recovery, showing a 25.5 percent growth YoY led by 3-wheeler.
Domestic 3-wheeler volumes increased 105.4 percent and exports jumped 48.4 percent YoY, but higher 3-wheeler sales were offset by big drop in domestic motorcycle sales.
Domestic motorcycle volumes declined 38 percent YoY.
Analysts expect realisations to rise 4.2 percent YoY to Rs 62,022 per unit, driven by improvement in product mix and price hikes taken on November 1.
Operating profit during the quarter is seen rising 19 percent to Rs 1,240 crore, but margin may contract 70 basis points to 19.9 percent compared to year-ago due to higher commodity prices.
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