For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Bajaj Auto Q4 Profit Increases 21% To Rs 1,306 Crore; Announces Dividend

|

On Friday, Bajaj Auto reported a 20.90 percent jump in standalone profit to Rs 1,305.59 crore for the fourth quarter of 2018-19, from Rs 1,079.87 crore a year ago. The profits include a one-time gain of Rs 342 crore.

Bajaj Auto Q4 Profit Increases 21% To Rs 1,306 Crore; Announces Dividend
 

Its standalone revenue from operation rose by 8.94 percent to Rs 7,395.19 crore in the March quarter from Rs 6,788.42 crore in the same period last year.

The company's board has recommended a dividend of Rs 60 per share.

Revenues from operations for the quarter under review were at Rs 7,395 crore, which is 9 percent higher than Rs 6,788 crore a year ago.

Bajaj Auto sold 11,93,590 standalone units in March-2019 ended quarter as against 10,45,378 units in the same period of the previous year. It reported its highest-ever operating EBITDA (earnings before interest, tax, depreciation and amortization) for the quarter at Rs 5,387 crore with the EBITDA margin of 17.6 percent.

Shares of Bajaj Auto closed 3.54 percent higher at Rs 3,046.90 apiece.

GoodReturns.in

Read more about: bajaj auto
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more