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Bajaj Auto reports 2.05% rise in Q2 net profit

20 Oct 2012 Evaluate

Bajaj Auto has reported results for second quarter ended September 30, 2012.

On standalone basis, the company has posted a rise of 2.05% in its net profit at Rs 740.67 crore for the quarter ended September 30, 2012 as compared to Rs 725.80 crore for the same quarter in the previous year.  Total income, however decreased by 3.79% to Rs 5139.12 crore for quarter under review as compared to Rs 5341.74 crore for the quarter ended September 30, 2011.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two- and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 9997.20
TVS Motor Company 4007.30
Hero MotoCorp 5088.25
Eicher Motors 7057.05
OLA Electric Mobilit 36.82
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