Bank of Baroda Q1 – Tata Motors Q1 – Bajaj Auto Q1

Bank of Baroda Q1 preview: NII could rise 34% YoY; merged entity’s nos eyed

Bank of Baroda

According to analysts at Sharekhan, the public lender is likely to report a net interest income (NII) of Rs 5,853 crore, a jump of nearly 34 per cent year-on-year (YoY) from Rs 4,381 crore clocked in the June quarter of the previous financial year (Q1FY19).

The same was Rs 5,067 crore in the quarter ended March, 2019 (Q4FY19). Analysts at Antique Stock Broking, however, estimate the same at Rs 6,891 crore, up 57 per cent YoY and 36 per cent sequentially.

Tata Motors Q1 preview: Muted performance seen amid decline in volumes

Tata Motors

Edelweiss sees Tata Motors’ consolidated adjusted Q1 loss at Rs 1,102.2 crore, a 28.9 per cent year-on-year (YoY) decline as compared to the Rs 855.3 crore loss it had posted in the year-ago quarter.

On a sequential basis, the company’s loss may expand by more than 150 per cent.

Bajaj Auto Q1 preview: Adverse product mix, discounts to weigh on profit

bajaj auto, motorcycle, bike, two wheeler

According to data, Bajaj Auto’s overall volume grew 1.7 per cent on a year-on-year (YoY) basis to 12,47,174 units in Q1FY20. Total motorcycle volume increased 4 per cent YoY, while three-wheeler volume declined 20 per cent YoY.

Analysts at Motilal Oswal said the volume growth and a 0.4 per cent increase in realization to Rs 60,718 per unit, would push Bajaj Auto’s revenue by 2.1 per cent YoY to Rs 7,572.6 crore.

Net profit, though, may decline by 2.8 per cent YoY to Rs 1,083.6 crore, they said. Bajaj Auto had reported Rs 1,115.2 crore as net profit in Q1FY19.