Bajaj Auto profit increases 70.8%

Our Bureau Mumbai | Updated on October 27, 2021

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.

Published on October 27, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like