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Bajaj Auto reports 7% rise in Q2 consolidated net profit

28 Oct 2016 Evaluate

Bajaj Auto has reported results for second quarter ended September 30, 2016.

The company has reported 6.69% rise in its net profit of Rs 1122.75 crore for the quarter under review as compared to Rs 1052.37 crore for the same quarter in the previous year. Total income of the company increased by 1.48% at Rs 6774.34 crore for the quarter under review as compared to Rs 6675.52 crore for the corresponding quarter previous year.     

On the consolidated basis, the company has reported 7.20% rise in its net profit after tax, minority interest & share of profit of associates at Rs 1200.72 crore for the quarter ended September 30, 2016 as compared to Rs 1120.04 crore for the same quarter in the previous year. Total Income of the company increased by 1.49% to Rs 6775.03 crore for the quarter under review from Rs 6675.55 crore for the quarter ended September 30, 2015. 

Peers
Company Name CMP
Bajaj Auto 9850.00
TVS Motor Company 3975.00
Hero MotoCorp 5018.05
Eicher Motors 7036.90
OLA Electric Mobilit 36.50
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