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Bajaj Auto Q2 PAT up by 5pct

Auto News - Published on Thu, 25 Oct 2018

Image Source: BS Motoring
Economic Time reported that Bajaj Auto reported a 5.2 % growth in its consolidated net profit at INR 1,256.57 crore for the second quarter ended September 30, 2018 The company had posted a consolidated net profit of INR 1,193.56 crore during the same quarter in 2017. The company in a regulatory filing said that its revenue from operations also witnessed a growth at INR 7,831.79 crore during the period under review, up 21.21 %, compared to INR 6,461.30 crore in the same quarter last year.

During the period, the company sold 1,339,444 units. The domestic motorcycle business witnessed a growth of 19 % at 692,899 units during the same period as against the industry growth of 8 %.

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Posted By : Joykumar Irom on Thu, 25 Oct 2018
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