Bajaj Auto Q1 consolidated net down 1% at Rs 1,012 cr, margin dips to 16%

The company had posted a consolidated net profit of Rs 1,115.2 crore in the year-ago period

Bajaj Auto reported a consolidated net profit at Rs 1012.17 crore for the quarter ended June 30, 2019 versus Rs 1,115.2 crore reported in the year-ago period. Consolidated total revenue from operations for the period under review stood at Rs 7,756 crore as against Rs 7627.9 crore in the year-ago quarter, it said.

Total volumes for the quarter stood at 1,247,174 units. The company's total sales for the period under review came in at 1247,174 units. EBITDA (earnings before interest, tax, depreciation and amortisation) stood at 1,250 crore, a fall of 9 per cent YoY. Margins took a beating, falling to 16.1