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Bajaj Auto reports 25% rise in Q1 consolidated net profit

20 Jul 2018 Evaluate

Bajaj Auto has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 20.71% in its net profit at Rs 1,115.23 crore for the quarter under review as compared to Rs 923.93 crore for the same quarter in the previous year. Total income of the company increased by 23.96% at Rs 7,823.70 crore for Q1FY19 as compared Rs 6,311.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 24.50% in its net profit at Rs 1,041.78 crore for the quarter under review as compared to Rs 836.74 crore for the same quarter in the previous year. Total consolidated income of the company increased by 25.12% at Rs 7,729.34 crore for Q1FY19 as compared Rs 6,177.66 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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