Bajaj Auto Ltd Q3 net profit up 10.48 per cent at Rs 904 crore

Jan 16 2014, 15:55 IST
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Bajaj Auto's export revenue rose 23 per cent in the quarter from a year earlier. Bajaj Auto's export revenue rose 23 per cent in the quarter from a year earlier.
SummaryBajaj Auto reported a better-than-expected increase in quarterly net profit, helped by forex gains.

operating margin - said to be the best in the industry - was 21.1 per cent in the quarter, wider than 19.8 percent reported a year ago.

Shares of the company, which is India's biggest exporter of two-wheeler vehicles and three-wheelers such as tuk tuks, were trading up 0.8 per cent at Rs 1,908 in afternoon trade at the Bombay Stock Exchange.

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