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Bajaj Auto reports 5% fall in Q3 net profit

16 Jan 2015 Evaluate

Bajaj Auto has reported results for third quarter ended December 31, 2014.

The company has registered 4.79% fall in its net profit at Rs 861.24 crore for the quarter under review as compared to Rs 904.55 crore for the same quarter in the previous year. However, total income of the company has increased 7.46% at Rs 5752.44 crore for Q3FY15 as compared Rs 5353.08 crore for the corresponding quarter previous year.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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