Oct 16, 2013, 02.12 PM IST
Bajaj on Wednesday posted a net profit of 8.37 billion rupees for the three months to September 30 compared with 7.41 billion rupees in the same period a year earlier. Revenue rose 5 percent to 50.61 billion rupees.
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Bajaj Auto Q2 profit rises 13%, helped by weak rupee
Bajaj on Wednesday posted a net profit of 8.37 billion rupees for the three months to September 30 compared with 7.41 billion rupees in the same period a year earlier. Revenue rose 5 percent to 50.61 billion rupees.
Like this story, share it with millions of investors on M3
Bajaj Auto Q2 profit rises 13%, helped by weak rupee
Bajaj on Wednesday posted a net profit of 8.37 billion rupees for the three months to September 30 compared with 7.41 billion rupees in the same period a year earlier. Revenue rose 5 percent to 50.61 billion rupees.
Bajaj on Wednesday posted a net profit of Rs 837 crore for the three months to September 30 compared with Rs 741 crore in the same period a year earlier. Revenue rose 5 percent to Rs 5061 crore.
The mean estimates of 11 analysts were profit of Rs 819 crore and revenue of Rs 4923 crore , according to Thomson Reuters I/B/E/S.
Shares of Bajaj Auto closed 0.6 percent lower on Tuesday at 2,125.65 rupees but are 21 percent higher than a year ago compared with 11 percent for the BSE Sensex. Indian markets are closed on Wednesday.
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