 "Bajaj may rev up plant to meet sales spike")
Robust sales of motorcycles and three-wheelers in the domestic as well as export markets drove up Bajaj Auto’s net profit by 34.67 per cent in the March quarter over the year-ago period, the company said in a filing with the stock exchanges. The earnings are not comparable to the previous year’s because these are disclosed net of the goods and services tax (GST), introduced in July last year, it said.
The Pune-based firm reported a net profit of Rs 10.79 billion in the three months to March from Rs 8.1 billion a year ago. Net sales at the maker of
