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Bajaj Auto Q4 profit up 2% YoY to Rs 1,332 cr; Ebitda margin slips 90 bps

The Board of Directors has recommended a dividend of Rs 140 per equity share

Bajaj Auto
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Nikita Vashisht New Delhi
Two-wheeler maker Bajaj Auto on Thursday reported a 1.6 per cent year-on-year (YoY) growth in standalone net profit at Rs 1,332.07 crore for March quarter of FY21 (Q4FY21). The same was Rs 1,310.3 crore in the year-ago period. 

On a quarterly basis, the profit tumbled 14.4 per cent from Rs 1,556.3 crore.

On a consolidated basis, the profit grew 14.5 per cent to Rs 1,551.28 crore from Rs 1,353.99 crore logged in March quarter of FY20.

The revenue of the firm, however, clocked a 26.11 per cent improvement over previous year’s revenue of Rs 6,815.9 crore and