 "bajaj auto, motorcycle, bike, two wheeler")
Bajaj Auto on Tuesday reported a 1% fall in its net profit to Rs 1,112 crore for the second quarter, compared to the corresponding period last year, sending the stock price to hit a new high of Rs 3,310. The company had reported a Rs 1,123 crore — the best quarterly figure — net profit in the second quarter of last financial year.
The Pune-headquartered firm reported a sales revenue of Rs 6,461 crore for the September quarter, against Rs 6,327 crore last year. The Ebidta (Earnings before interest, taxes, depreciation and amortisation) margin for the quarter declined to 20.8%
