Leading automobile manufacturer Bajaj Auto Limited on Tuesday reported a 189% increase in its net profit to Rs 475.14 crore for the third quarter from 164.2 crore in the same period last fiscal.
MCX Commodity Tips
The company’s total income during the period under review increased to Rs 3330.7 crore from Rs 2140.9 crore in the year ago period. During the third quarter it sold 711991 motorcycles and 96167 three wheelers including exports its highest ever combined sales.
The Bajaj Auto scrip closed at Rs 1698.10 on the Bombay Stock Exchange up 1.77 percent from the previous close.
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