 "bajaj auto, motorcycle, bike, two wheeler")
Two-wheeler major Bajaj Auto on Thursday reported consolidated net profit of Rs 1,193.7 crore for the July-September quarter of FY21 (Q2FY21), down 21.6 per cent, from a profit of Rs 1,523.7 crore in the year-ago period. Sequentially, however, the profit surged 202 per cent from Rs 395.51 crore posted in the June quarter of FY21.
The company's revenue fell 7.15 per cent YoY to Rs 7,155.86 crore, as against Rs 7,707.32 crore in Q1FY20.
Analysts at Prabhudas Lilladher had pegged profit of Rs 1,209.5 crore and revenue at Rs 7,246.7 crore for the quarter. READ MORE
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