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While the exact details are not known yet, bike enthusiasts believe Scrambler and Roadster are the two models that will be showcased in London, United Kingdom ....
Bajaj Auto third-quarter net rises 44% to ₹1,716 crore January 21, 2021 Soumen Ray, Chief Financial Officer, Bajaj Auto× Two-wheeler major to focus more on premium segment Bajaj Auto on Thursday posted a consolidated net profit of ₹1,716.26 crore during the third quarter ended December 21, 2020, marking a 43.7 per cent increase compared to Q2FY21, on the back of good demand in both the domestic motorcycle and exports markets. Bajaj Auto had posted a consolidated net profit of ₹1,193.97 crore in the second quarter of the financial year. The company posted a total revenue from operations of ₹8,909.88 crore during the quarter under review, a 24.51 per cent increase compared to ₹7,155.86 crore posted in the second quarter of this year. ....
Two-wheeler major Bajaj Auto, on Thursday, reported consolidated net profit of Rs 1,716.26 crore for the October-December quarter of FY21 (Q3FY21), up 29.7 per cent, from a profit of Rs 1,322.4 crore in the year-ago period, primarily on the back of 9 per cent year-on-year (YoY) volume growth. Sequentially, the profit surged 43.74 per cent from Rs 1,193.97 crore posted in the September quarter of FY21. The company s revenue grew 16.62 per cent YoY to Rs 8,909.88 crore, as against Rs 7,639.66 crore in Q3FY20. Analysts at HDFC Securities had pegged revenue and profit for the quarter at Rs 7,246.7 crore and Rs 1,209.5 crore, respectively. Standalone numbers On a standalone basis, the net profit came in at Rs 1,556.3 crore, up 23.4 per cent on a YoY basis while revenue grew to Rs 8,910 crore. Both the figures were the company s highest-ever in a single quarter. ....