Bajaj Auto reports 16% fall in Q2 consolidated net profit

Bajaj Auto has reported results for second quarter ended September 30, 2022.

bajaj auto rises on reporting 21 rise in q2 consolidated net profit
Bajaj Auto

The company has reported rise of 20.04% in its net profit at Rs 1,530.00 crore for Q2FY23 as compared to Rs 1,274.55 crore for the corresponding quarter previous year. Total income of the company increased 16.03% to Rs 10,535.92 crore for the quarter under review as compared to Rs 9,080.50 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 15.71% in its net profit at Rs 1,719.44 crore for the quarter under review as compared to Rs 2,039.86 crore for the same quarter in the previous year. However, total income of the company increased by 16.04% at Rs 10,536.56 crore for Q2FY23 as compared to Rs 9,080.50 crore for the corresponding quarter previous year.