Two and three-wheeler manufacturer Bajaj Auto on Friday reported a rise of 21 per cent in its standalone net profit for the first quarter of 2018-19.<\/p>\n
According to the company, its Q1 standalone net profit increased to Rs 1,115 crore from Rs 924 crore reported for the corresponding period of the previous financial year.<\/p>\n
The company’s standalone turnover (adjusted for excise duty) for the quarter under review grew by 33 per cent to Rs 7,824 crore from Rs 5,900 crore.<\/p>\n
Volume-wise, the two and three-wheeler major’s sales rose by 38 per cent to 1,226,641 units from 888,434 units sold during the corresponding period of the previous fiscal.<\/p>\n
“As on 30th June 2018, surplus cash and cash equivalents stood at Rs 16,889 crore as against Rs 15,542 crore as on 31st March 2018,” the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"
Two and three-wheeler manufacturer Bajaj Auto on Friday reported a rise of 21 per cent in its standalone net profit for the first quarter of 2018-19. According to the company, its Q1 standalone net profit increased to Rs 1,115 crore from Rs 924 crore reported for the corresponding period of the previous financial year. The […]<\/p>\n","protected":false},"author":3,"featured_media":1117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[284,474,473],"class_list":["post-1116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bajaj-auto","tag-standalone-turnover","tag-two-and-three-wheeler-manufacturer"],"aioseo_notices":[],"yoast_head":"\n