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Bajaj Auto reports 5% rise in Q3 net profit

04 Feb 2016 Evaluate

Bajaj Auto has reported results for third quarter ended December 31, 2015.

The company has reported 4.67% rise in its net profit at Rs 901.49 crore for the quarter ended December 31, 2015 as compared to Rs 861.24 crore for the same quarter in the previous year. The company’s total income has increased by 0.21% to Rs 5764.58 crore for the quarter under review from Rs 5752.44 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 10020.00
TVS Motor Company 3988.00
Hero MotoCorp 5074.80
Eicher Motors 7050.00
OLA Electric Mobilit 35.96
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