Companies

Bajaj Auto Q1 net profit drops 3 per cent at Rs 1,012 crore

PTI New Delhi | Updated on July 26, 2019 Published on July 26, 2019

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Bajaj Auto on Friday posted 2.84 per cent decline in its consolidated net profit at Rs 1,012.16 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 1,041.77 crore during the same period of previous fiscal.

Its total revenue from operations rose to Rs 7,755.82 crore for the April-June period from Rs 7,464.89 crore in the same period of 2018-19 fiscal, Bajaj Auto said in a regulatory filing.

Bajaj Auto said it sold 1,247,174 units during the first quarter, up 2 per cent from 1,226,641 units in the year-ago period.

Shares of the company were trading at Rs 2,665, up 4.71 per cent from its previous close on the Bombay Stock Exchange (BSE).

Published on July 26, 2019
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