Bajaj Auto's consolidated profit after tax rose by 18% to Rs 1,942 crore in the June 2024 quarter, driven by strong revenue growth. The company also appointed Sangita Reddy as an independent director.
Photograph: Babu/Reuters
New Delhi, Jul 16 (PTI) Bajaj Auto on Tuesday said its consolidated profit after tax increased by 18 per cent to Rs 1,942 crore for the June 2024 quarter.
The Pune-based automaker had reported a Profit After Tax (PAT) of Rs 1,644 crore in the April-June quarter of last fiscal.
Total revenue from operations rose to Rs 11,932 crore for the first quarter compared with Rs 10,312 crore in the year-ago period, Bajaj Auto said in a regulatory filing.
The company said its board has approved the appointment of Sangita Reddy as an additional Director (Non-executive Independent Director) of the company for a term of five years with effect from July 16, 2024.
Shares of the company were trading 1.45 per cent up at Rs 9,815.70 apiece on the BSE.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback