Revenue from operations during the quarter declined 8.1 percent year-on-year to Rs 6,815.85 crore due to lower sales volumes on account of the novel coronavirus-led lockdown.
Two-and-three-wheeler manufacturer Bajaj Auto on May 20 has reported a 0.4 percent growth in standalone profit at Rs 1,310.3 crore for the quarter-ended March 2020, supported by a lower tax rate.
Revenue from operations during the quarter declined 8.1 percent year-on-year to Rs 6,815.85 crore due to lower sales volumes on account of the novel coronavirus-led lockdown.
Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.
Moneycontrol Virtual Summit presents 'The Future of Indian Industry', powered by Salesforce. Watch Now!
First Published on May 20, 2020 06:05 pm