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Bajaj Auto reports 61% fall in Q1 consolidated net profit

23 Jul 2020 Evaluate

Bajaj Auto has reported results for first quarter ended June 30, 2020.

The company has reported 53.09% fall in its net profit of Rs 528.04 crore for the quarter under review as against Rs 1125.67 crore for the same quarter in the previous year. Total income of the company decreased 58.31% at Rs 3417.12 crore for Q1FY21 as compared Rs 8197.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 60.92% fall in its net profit attributable to owners at Rs 395.51 crore for the quarter under review as against Rs 1012.17 crore for the same quarter in the previous year. Total income of the company decreased by 57.78% at Rs 3417.12 crore for Q1FY21 as compared Rs 8093.27 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 9832.00
TVS Motor Company 3971.05
Hero MotoCorp 5016.30
Eicher Motors 7045.30
OLA Electric Mobilit 36.52
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