Thursday, 16 January 2014

Bajaj Auto shines on reporting 10.48% rise in Q3 net profit

Bajaj Auto has reported results for the third quarter ended December 31, 2013.

The company has reported 10.48% rise in its net profit at Rs 904.55 crore for the quarter as compared to Rs 818.74 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 5.20% at Rs 5131.24 crore for quarter under review as compared to Rs 5412.71 crore for the quarter ended December 31, 2012.

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.

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