Automobile News

Bajaj Auto Q3 Net Profit Dips 5% To Rs. 977 Crore

Bajaj Auto Q3 Net Profit Dips 5% To Rs. 977 Crore

New Delhi: Bajaj Auto Ltd on Tuesday reported a 5.27 per cent decline in consolidated net profit at Rs. 976.82 crore for the third quarter ended December 31.

The company had posted a consolidated net profit of Rs. 1,031.17 crore in the same quarter last fiscal.

Total income from operations during the quarter under review declined by 9 per cent at Rs. 5,354.13 crore as against Rs. 5,884.25 crore.

Unit volume sales during the quarter were at 8,51,645 units as against 9,51,498 units in the year-ago period, down 10.49 per cent.

PTI