Comments
Bajaj Auto Ltd has reported a 20.48 per cent jump in standalone net profit for the first quarter ended June 30, 2011 to Rs 711.06 crore.
The company had posted a net profit of Rs 590.15 crore during the corresponding quarter last fiscal, Bajaj Auto Ltd (BAL) said in a statement.
Standalone net sales during the period under review stood at Rs 4,586.91 crore against Rs 3,737.29 crore in the same period a year ago, an increase of 22.73 per cent.
Motorcycle sales stood at 9,63,051 units against 8,28,391 units, up 16 per cent. Commercial vehicle sales stood at 1,29,764 units (99,918 units), up 30 per cent.
Total sales during the first quarter of this fiscal grew 18 per cent to 10,92,815 units from 9,28,336 units in the same period last fiscal, it added.
The company scrip was trading down 2.31 per cent from its previous close on the BSE at Rs 1,415.60 during the noon session today.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.