Bajaj Auto Q4 net at ₹1,306 crore, shares jump 5%
1 min read . Updated: 17 May 2019, 03:08 PM IST- It was aided by one-time gain of ₹342 crore
- Revenues from operations came rose 9%
Bajaj Auto today reported a 21% jump in net profit to ₹1,306 crore for the quarter ended March 31, 2019. It was aided by one-time gain of ₹342 crore. In the same quarter of the previous year, Bajaj Auto had reported a net profit of ₹1,080 crore.
Revenues from operations came rose 9% to ₹7,395 crore as compared to ₹6,788 crore in the same quarter of the previous year.
The Street cheered Bajaj Auto’s Q4 numbers, pushing shares 5% higher in late trade.