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Bajaj Auto reports marginal rise in Q1 net profit

18 Jul 2012 Evaluate

Bajaj Auto has reported results for first quarter ended June 30, 2012.

The company has registered a marginal rise of 1.03% in its net profit at Rs 718.39 crore for the quarter under review as compared to Rs 711.06 crore for the same quarter in the previous year. Total income of the company has increased by 3.39% at Rs 4865.66 crore for Q1FY13 as compared Rs 4706.29 crore for the corresponding quarter previous year.

The company manufactures KTM’s models at its Chakan unit in Maharashtra. The KTM products are built on same line of Chakan unit as the Pulsar. KTM has its own network in Europe and the US.

Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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