Profit to sustain amid sensible volume growth Bajaj Auto (BAL) has registered higher-than-expected operating performance in 4QFY16, while its reported bottom line came in line due to higher-than-expected tax rate. Its revenue topped our estimate by 3.2% and EBIDTA beat our estimate by 12.3%. BAL has declared Rs5 apiece final dividend in addition to Rs50 apiece interim dividend for FY16....