Bajaj Auto announced Q4 result

Image Source: Automobile Companies

Bajaj Auto announced an increase 13.32% in its consolidated profit to INR 1,408.49 crore for the quarter ended March 31, 2019. The profit stood at INR 1,220.77 crore for Q4 FY18. Company’s revenue from operations also increased 8.9% to INR 7,395.19 crore in the quarter under review as against INR 6,788.43 crore in the same quarter last year.

For the fourth quarter, Bajaj Auto’s EBITDA stood at INR 1,266 crore while EBITDA margins were 17%.

Its revenue from operations increased 18% to INR 30,249.96 crore in FY19 as against INR 6,788.43 crore a year ago.

Source : Strategic Research Institute, SteelGuru