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Bajaj Auto reports 19% fall in Q4 net profit

21 May 2015 Evaluate

Bajaj Auto has reported result for the fourth quarter and year ended March 31, 2015.

The company has posted a fall of 18.63% in its net profit at Rs 621.62 crore for the quarter ended March 31, 2015 as compared to Rs 763.93 crore for the same quarter in the previous year. Total income of the company has decreased by 4.37% at Rs 4893.61 crore for quarter under review as compared to Rs 5117.1 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a fall of 13.25% in its net profit at Rs 2813.74 crore as compared to Rs 3243.32 crore for the same period in the previous year. However, total income of the company has increased by 6.42% at Rs 22194.43 crore for year under review as compared to Rs 20855.92 crore for the period ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a fall of 10.49% in its net profit after tax at Rs 3025.63 crore as compared to Rs 3380.28 crore for the same period in the previous year. However, total income of company has increased by 6.52% at Rs 22198.22 crore for year under review as compared to Rs 20840.1 crore for the period ended March 31, 2014.

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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