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Bajaj Auto Ltd Q2FY24; 18% 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 Q2FY24 of ₹10,838.00 Crores up from ₹10,203.00 Crore year on year, a rise of 6.22%.

Total Expenses for Q2FY24 of ₹8,807.00 Crores up from ₹8,531.00 Crores year on year, a rise of 3.24%.

Consolidated Net Profit of ₹2,020.00 Crores up 17.51% from ₹1,719.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹71.39, up 20.14% from ₹59.42 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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