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Latest News | Bajaj Auto Shares Jump Nearly 5 Pc Post Q3 Earnings

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New Delhi, Jan 29 (PTI) Shares of Bajaj Auto on Wednesday climbed nearly 5 per cent after the firm’s consolidated net profit increased by 8 per cent for the third quarter ended December 31, 2024.

The stock rallied 4.89 per cent to Rs 8,803.70 on the BSE.

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At the NSE, it advanced 4.86 per cent to Rs 8,807.

Bajaj Auto on Tuesday said its consolidated net profit increased by 8 per cent to Rs 2,196 crore for the third quarter ended December 31, 2024 on the back of robust exports.

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The company had reported a net profit of Rs 2,033 crore in the October-December quarter of last fiscal.

Total revenue from operations was at Rs 13,169 crore for the third quarter compared with Rs 12,165 crore in the year-ago period, Bajaj Auto said in a regulatory filing.

The company said it sold a total of 12,24,472 units in the third quarter, a 2 per cent increase over 12,00,997 units in the same period of last fiscal.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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