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Bajaj Auto reports 21% rise in Q2 consolidated net profit

23 Oct 2019 Evaluate

Bajaj Auto has reported results for second quarter ended September 30, 2019. 

The company has reported 21.69% rise in its net profit at Rs 1,402.42 crore for the quarter under review as compared to Rs 1,152.48 crore for the same quarter in the previous year. However, total income of the company decreased by 2.95% at Rs 8,100.76 crore for Q2FY20 as compared Rs 8,346.74 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 21.23% rise in its net profit at Rs 1,523.31 crore for the quarter under review as compared to Rs 1,256.57 crore for the same quarter in the previous year. However, total income of the company decreased by 2.95% at Rs 8,100.76 crore for Q2FY20 as compared Rs 8,346.74 crore for the corresponding quarter previous year.   

Peers
Company Name CMP
Bajaj Auto 10350.00
TVS Motor Company 4200.00
Hero MotoCorp 5152.40
Eicher Motors 7210.00
OLA Electric Mobilit 33.16
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