 "Bajaj Auto Q2 net rises 58% at Rs 933 crore")
India's second largest two-wheeler manufacturer posted a 58% rise in net profit at Rs 933 crore for the quarter ended September 30 as against Rs 591 crore posted in the same quarter a year ago.
Income from operations grew 2.26% to Rs 6,098 crore for the reporting quarter as compared to Rs 5,963 crore posted in the same quarter a year ago.
There was only a slight increase in absolute sales at 1,056,596 units as against 1,055,582 units earlier. Despite a dip in domestic demand following stronger competition from Hero and Honda, the company's export markets helped it lift overall sales.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%