Top Stories
L&T Partners with PS Technology to Revolutionise Railways
6 mins read. August 2, 2024 at 12:45 PM
Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr
4 mins read. August 2, 2024 at 12:41 PM
Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr
4 mins read. August 2, 2024 at 12:36 PM

Bajaj Auto: Q1 FY24 net profit grows 42 percent
After the automaker reported strong results for the quarter ended June in FY24, shares of Bajaj Auto moved slightly higher in early session on July 26. The company's net profit for the months of April through June was Rs 1,665 crore, up 42% from Rs 1,173 crore recorded in the same quarter a year prior.
Around 1 p.m. on the National Stock Exchange, shares of Bajaj Auto were trading at Rs 4,869.05, up 0.41% from the previous close.
The Pune-based automaker's quarterly revenue increased by a similar 29% to Rs 10,310 crore. In comparison, the same quarter the year before had revenue of Rs 8,005 crore.
A double-digit volume gain has been attributed by the company for the revenue growth, with robust domestic demand serving as a strong foundation despite the comparatively weak export performance, which is, however, beginning to show indications of recovery.
Source: Media Reports
Related News

BLS's Q2FY24 Financial Performance Review
2 mins read. November 6, 2023 at 08:56 AM

Interglobe Aviation's Q2FY24 Financial Performance Review
2 mins read. November 3, 2023 at 11:31 AM

Titan's Q2FY24 Financial Performance Review
2 mins read. November 3, 2023 at 10:59 AM

Zomato's Q2FY24 Financial Performance Review
3 mins read. November 3, 2023 at 09:50 AM
Download app
Access BlinkX
everywhere
across device
