Maharashtra Scooters’ Q2 net profit registers 23% growth

Maharashtra Scooters Ltd. | Finance - Investment | BFSI | BSE: 500266 | NSE: MAHSCOOTER

18 Oct 2012 Evaluate

Maharashtra Scooters has reported results for second quarter ended September 30, 2012.

The company has posted a rise of 23.04% in its net profit at Rs 42.99 crore for the quarter ended September 30, 2012 as compared to Rs 34.94 crore for the same quarter in the previous year. Company’s total income from operation has increased by 2.84% at Rs 46.35 crore for quarter under review as compared to Rs 45.07 crore for the quarter ended September 30, 2011.

Maharashtra Scooters is a joint sector Public Limited Company, jointly promoted by Western Maharashtra Development Corporation, a wholly-owned Govt. of Maharashtra Undertaking and Bajaj Holdings & Investment (BHIL) (erstwhile Bajaj Auto).

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