Bajaj Auto reports 21% rise in Q2 consolidated profit at Rs 1,523.32 cr

Bajaj Auto on Wednesday reported 21.23 per cent increase in its consolidated profit after tax at Rs 1,523.32 crore in the second quarter ended September.

The company had posted a consolidated net profit of Rs 1,256.57 crore in the same period last fiscal, Bajaj Auto said in a regulatory filing.

Total revenue from operations was down 4.09 per cent at Rs 7,707.32 crore as compared to Rs 8,036.34 crore in the year-ago quarter, it added.

Total vehicle sales in the second quarter stood at 11,73,591 units as against 13,39,444 units in the same period last fiscal, down 12 per cent,