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Bajaj Auto reports 38% rise in Q3 consolidated net profit

25 Jan 2024 Evaluate

Bajaj Auto has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 36.91% rise in net profit at Rs 2,041.88 crore for the quarter ended December 31, 2023 as compared to Rs 1,491.42 crore for the same quarter in the previous year. Total income of the company increased by 30.00% at Rs 12,459.62 crore for Q3FY24 as compared Rs 9,584.26 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 38.02% rise in its net profit at Rs 2,032.62 crore for Q3FY24 as compared to Rs 1,472.70 crore for the same quarter in the previous year. Total income of the company increased by 30.58% at Rs 12,521.66 crore for Q3FY24 as compared Rs 9,589.07 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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