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Bajaj Auto Ltd Q1FY24; 41% rise in Profits.

Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India.
It has acquired 48% of the KTM Brand which manufactures sports and super sports two-wheelers, which was 14% in 2007 when the company first acquired KTM.

Financial Results:

Bajaj Auto Ltd reported Revenues for Q1FY24 of ₹10,312.00 Crores up from ₹8,005.00 Crore year on year, a rise of 28.82%.

Total Expenses for Q1FY24 of ₹8,479.00 Crores up from ₹6,791.00 Crores year on year, a rise of 24.86%.

Consolidated Net Profit of ₹1,644.00 Crores up 41.36% from ₹1,163.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹58.11, up 44.55% from ₹40.20 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Automobile
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