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Bajaj Auto reports 22% fall in Q2 consolidated net profit

22 Oct 2020 Evaluate

Bajaj Auto has reported results for second quarter ended September 30, 2020.

The company has reported 18.84% fall in its net profit of Rs 1138.20 crore for the quarter under review as against net profit of Rs 1402.42 crore for the same quarter in the previous year. Total income of the company decreased by 8.14% at Rs 7441.66 crore for Q2FY21 as compared Rs 8100.76 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 21.62% fall in its net profit attributable to owners at Rs 1193.97 crore for the quarter under review as against net profit of Rs 1523.31 crore for the same quarter in the previous year. Total income of the company decreased by 8.14% at Rs 7441.66 crore for Q2FY21 as compared Rs 8100.76 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 10020.00
TVS Motor Company 3988.00
Hero MotoCorp 5074.80
Eicher Motors 7050.00
OLA Electric Mobilit 35.96
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