Bajaj Auto Q2 Net Profit Rises 17% to Rs 2,020 Crore – News18

0
9
Bajaj Auto Q2 Net Profit Rises 17% to Rs 2,020 Crore – News18


Bajaj Q2 outcomes. (Photo: Bajaj)

Bajaj Auto’s complete earnings will increase to Rs 11,207 crore for the second quarter of the present fiscal from Rs 10,537 crore a yr in the past

Bajaj Auto on Wednesday stated its consolidated internet revenue elevated 17.51 per cent to Rs 2,020 crore for the September quarter. The Pune-based firm had reported a internet revenue of Rs 1,719 crore within the yr-in the past interval. Total earnings elevated to Rs 11,207 crore for the second quarter of the present fiscal from Rs 10,537 crore a yr in the past, Bajaj Auto stated in a regulatory submitting.

The firm stated it sustained sturdy money technology by including over Rs 3,600 crore of free money circulation in first half of the present fiscal. Bajaj stated it offered a complete of 10,53,953 models within the quarter underneath evaluate, down 8 per cent from 11,51,012 models within the yr-in the past interval. Shares of the corporate ended marginally up at 5,143.80 apiece on the BSE on Wednesday.

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)



Source hyperlink