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Bajaj Auto reports 17% fall in Q3 consolidated net profit

20 Jan 2022 Evaluate

Bajaj Auto has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 21.98% in its net profit at Rs 1,214.19 crore for the quarter under review as compared to Rs 1,556.28 crore for the same quarter in the previous year. However, total income of the company marginally increased by 0.17% at Rs 9,294.41 crore for Q3FY22 as compared Rs 9,279.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 16.70% in its net profit at Rs 1,429.68 crore for the quarter under review as compared to Rs 1,716.26 crore for the same quarter in the previous year. However, total income of the company marginally increased by 0.97% at Rs 9,369.31 crore for Q3FY22 as compared Rs 9,279.06 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 10055.00
TVS Motor Company 3992.80
Hero MotoCorp 5173.05
Eicher Motors 7090.00
OLA Electric Mobilit 30.01
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