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Bajaj Auto reports 18% rise in Q4 consolidated net profit
Apr-18-2024

Bajaj Auto has reported results for fourth quarter (Q4) and year ended March 31, 2024.

Bajaj Auto has reported rise of 35.11% in its net profit at Rs 1936.00 crore for the quarter under review as compared to Rs 1432.88 crore for the same quarter in the previous year. Total income of the company increased by 29.12% at Rs 11833.34 crore for Q4FY24 as compared Rs 9164.55 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 17.99% in its net profit at Rs 2,011.43 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,704.74 crore for the same quarter in the previous year. Total income of the company increased by 29.61% at Rs 11,914.94 crore for Q4FY24 as compared Rs 9,192.73 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 32.89% rise in its net profit at Rs 7,478.79 crore as compared to Rs 5,627.60 crore for the previous year. Total income of the company increased by 22.54% at Rs 46,087.68 crore for year under review as compared to Rs 37,609.02 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 27.19% rise in its net profit at Rs 7,708.24 crore as compared to Rs 6,060.21 crore for the previous year. Total income of the company increased by 23.01% at Rs 46,306.45 crore for year under review as compared to Rs 37,642.90 crore for year ended March 31, 2023.

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