Bajaj Auto Q4 Profit Surges 35% to Rs 1,936 Cr
By Rediff Money Desk, NEWDELHI Apr 18, 2024 17:40
Bajaj Auto's standalone profit after tax soared 35% to Rs 1,936 crore in Q4 FY24, driven by a 29% increase in revenue. Read more about the company's financial performance.
New Delhi, Apr 18 (PTI) Bajaj Auto on Thursday reported a 35 per cent increase in standalone profit after tax at Rs 1,936 crore in the fourth quarter ended March 31, 2024.
The Pune-based company had reported a profit after tax (PAT) of Rs 1,433 crore in the January-March quarter of 2022-23 fiscal.
Revenue from operations rose by 29 per cent to Rs 11,485 crore for the fourth quarter as against Rs 8,905 crore in the year-ago period.
For the year ended March 31, 2024, the company posted a 33 per cent rise in PAT at Rs 7,479 crore from Rs 5,628 crore in the FY23 fiscal.
Revenue from operations rose to Rs 44,685 crore over Rs 36,428 crore in the 2022-23 fiscal.
The Pune-based company had reported a profit after tax (PAT) of Rs 1,433 crore in the January-March quarter of 2022-23 fiscal.
Revenue from operations rose by 29 per cent to Rs 11,485 crore for the fourth quarter as against Rs 8,905 crore in the year-ago period.
For the year ended March 31, 2024, the company posted a 33 per cent rise in PAT at Rs 7,479 crore from Rs 5,628 crore in the FY23 fiscal.
Revenue from operations rose to Rs 44,685 crore over Rs 36,428 crore in the 2022-23 fiscal.
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