ICICI Securities Ltd | Retail Equity Research Bajaj Auto reported its Q1FY17 results, which were below our estimates on topline & bottomline front but above estimates on the operational front. Net revenues were at | 5748 crore (up 2.7% YoY, 7.2%QoQ), against our estimates of | 6060 crore. Domestic revenues came in at | 3927 crore (up 25% YoY, 8% QoQ) lower than our estimate of | 4028 crore, mainly on account of lower than estimated ASPs. Export revenues came in at | 2057 crore (down 22% YoY, up...