Bajaj Auto Ltd.

Bajaj Auto has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Bajaj Auto has reported fall of 2.46% in its net profit at Rs 1,432.88 crore for the quarter under review as compared to Rs 1,468.95 crore for the same quarter in the previous year. However, total income of the company increased by 10.90% at Rs 9,164.55 crore for Q4FY23 as compared to Rs 8,263.70 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 11.70% in its net profit at Rs 1,704.74 crore for the quarter under review as compared to Rs 1,526.16 crore for the same quarter in the previous year. Total income of the company increased by 11.24% at Rs 9,192.73 crore for Q4FY23 as compared to Rs 8,263.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported rise of 12.13% in its net profit at Rs 5,627.60 crore as compared to Rs 5,018.87 crore for the previous year. Total income of the company increased by 9.48% at Rs 37,609.02 crore for year under review as compared to Rs 34,353.95 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 1.71% fall in its net profit at Rs 6,060.21 crore as compared to Rs 6,165.87 crore for the previous year. However, total income of the company increased by 9.34% at Rs 37,642.90 crore for year under review as compared to Rs 34,428.85 crore for year ended March 31, 2022.