Bajaj Auto Q3 profit soars 23% to record high; margins hit 2-year high : vimarsana.com

Bajaj Auto Q3 profit soars 23% to record high; margins hit 2-year high


Bajaj Auto Q3 profit soars 23% to record high; margins hit 2-year high
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The company reported a strong operating performance for the three-month period ended December 31 as its earnings before interest, tax, depreciation and amortisation rose 25 per cent to Rs. 1,764 crore.
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MUMBAI: Bajaj Auto reported a stellar set of earnings for the December quarter on Thursday, as its net profit surged 23 per cent year-on-year to a record high of Rs. 1,556.3 crore, and its revenues rose 17 per cent to Rs 8,910 crore.
The company was expected to report a net profit of Rs. 1,412 crore and revenues of Rs. 8,963 crore, according to an ETMarkets.com poll.

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