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Two-wheeler major Bajaj Auto posted a 70.8 per cent increase in net profit during the July-September quarter at ₹2,039.86 crore against ₹1,193.97 crore in the same period last year.
The company’s revenue increased 19 per cent year on year to ₹8,385.78 crore (₹7,041.48 crore), it said in a statement.
Two-wheeler sales
In terms of volumes, domestic sales of two-wheelers decreased 11.2 per cent to 488,148 from 550,194 in Q2FY21. Exports of two-wheelers, however, increased 7 per cent from 964,465 units to 1,029,915 units.
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