Bajaj Auto Q3 net profit up 3% to Rs 819 cr
Bajaj Auto reported 3% rise in its net profit to Rs 819 crore in the third quarter as compared to Rs 740 crore for the quarter ended December 31, 2011.
The company's revenues rose by 8.56% to Rs 5,413 crore from Rs 4,986 crore during the same period.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 12.3% YoY to Rs 1,105 crore. EBITDA margin stood at 20.1%.
Motorcycle sales were up by 7% Year-on-Year to 6.87 lakh units and 3-wheeler commercial vehicle sales went up by 23% to 64,168 units in the quarter.
On sequential basis however, operating margin improved by 40 bps from 19.7% in Q2 mainly due to richer product mix and better realization on exports," Bajaj Auto said in a statement.
The shares of the company were seen trading at Rs 2,101 lower by 0.67% on BSE after touching an intraday low of Rs 2,058. It touched an intraday high of Rs 2,153.
GoodReturns.in
More From GoodReturns

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices

Gold Rates In India Crash By Rs 29,400 On March 21 After Spot Gold Hits Weakest Week; 24K, 22K, 18K Gold Price



Click it and Unblock the Notifications

