Bajaj Auto Q4 Preview: Weak export mix to dent earnings; margins likely to be under pressure

April 24, 2023

Brokerage Sharekhan estimates the topline to decline 11% quarter-on-quarter, while margins are seen contracting by 72 bps. However, revenue is expected to rise on a year-on-year basis, led by higher ASP on the back of a higher share of three-wheelers in the product mix.

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