The company had reported a net profit of Rs 8.62 billion during January-March, 2016-17.
The company sold a total of 1,045,378 units in the fourth quarter as compared with 787,627 units in the year-ago period. Motorcycle sales stood at 856,389 units, up 22 per cent from 701,017 units earlier.
For entire 2017-18, the company posted a net profit of Rs 42.18 billion, up 3.41 per cent from Rs 40.79 billion in 2016-17.
Total revenue from operations for the year rose to Rs 255.63 billion as compared with Rs 230.88 billion in 2016-17.
During the year, the company sold a total of 40,06,791 units, up 33 per cent from 36,65,950 units in 2016-17. Motorcycle sales stood at 33,69,334 units, up 5 per cent from 32,19,932 units in 2016-17.
Bajaj Auto said it recorded its highest ever commercial vehicle volume of 3,69,637 units in the domestic market for 2017-18 , growth of 46 per cent over 2016-17.
The company's board recommended a dividend of Rs 60 per share (600 per cent ) subject to approval of shareholders.
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