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Bajaj Auto reports 14% rise in Q1 consolidated net profit

27 Jul 2016 Evaluate

Bajaj Auto has reported results for first quarter ended June 30, 2016.

The company has reported 2.19 % rise in its net profit at Rs 978.37 crore for the quarter ended June 30, 2016 as compared to Rs 957.36 crore for the same quarter in the previous year. The company’s total income increased by 2.72 % to Rs 6355.81 crore for the quarter under review from Rs 6187.5 crore for the corresponding quarter of the previous year. 

On the consolidated basis, the company has reported 13.77 % rise in its net profit after taxes, minority interest and share of profit of associates at Rs 1039.70 crore for the quarter ended June 30, 2016 as compared to Rs 913.86 crore for the same quarter in the previous year. Total Income of the company increased by 4.22 % to Rs. 6355.84 crore for quarter under review from Rs. 6098.36 crore for the quarter ended June 30, 2015.

Peers
Company Name CMP
Bajaj Auto 9870.00
TVS Motor Company 3954.25
Hero MotoCorp 5028.65
Eicher Motors 7000.00
OLA Electric Mobilit 36.54
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