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Bajaj Auto reports 37% jump in Q1 net profit

23 Jul 2015 Evaluate

Bajaj Auto has reported results for first quarter ended June 30, 2015.

The company has reported a rise of 37.14% in its net profit at Rs 1014.8 crore for the quarter ended June 30, 2015 as compared to Rs 739.98 crore for the same quarter in the previous year. The company’s total income has increased by 10.57% to Rs 6050.3 crore for the quarter under review, from Rs 5471.68 crore for the corresponding quarter of the 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 10350.00
TVS Motor Company 4200.00
Hero MotoCorp 5152.40
Eicher Motors 7210.00
OLA Electric Mobilit 33.16
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