Bajaj Auto third-quarter net rises 44% to ₹1,716 crore
January 21, 2021
Soumen Ray, Chief Financial Officer, Bajaj Auto×
Two-wheeler major to focus more on premium segment
Bajaj Auto on Thursday posted a consolidated net profit of ₹1,716.26 crore during the third quarter ended December 21, 2020, marking a 43.7 per cent increase compared to Q2FY21, on the back of good demand in both the domestic motorcycle and exports markets.
Bajaj Auto had posted a consolidated net profit of ₹1,193.97 crore in the second quarter of the financial year. The company posted a total revenue from operations of ₹8,909.88 crore during the quarter under review, a 24.51 per cent increase compared to ₹7,155.86 crore posted in the second quarter of this year.