Day: May 1, 2021

Bajaj Auto records marginal gain in Q4 net profit on high input costs, Auto News, ET Auto

The company’s Ebidta margin stood at 19{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} in This fall FY20. Bajaj Auto sold more than a million two-wheelers in the March quarter on your own, recording a expansion of 23{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} YoY.

Amit Panday

New Delhi: Pune-primarily based Bajaj Auto Ltd has documented a internet income of Rs one,332 crore for the March quarter, up just two{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} yr-on-yr on Thursday. The company’s internet income in This fall FY20 stood at Rs one,310 crore.

The marginal acquire in quarterly internet income will come at a time when its turnover has recorded a healthier 21{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} YoY soar at Rs 8,880 crore towards Rs 7,349 crore in yr-in the past interval.

While Bajaj Auto’s topline grew on the back again of a great expansion in motorcycle revenue in the domestic and export marketplaces, income margins for the March quarter have been dented by the sharply growing input prices like the treasured metals these

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