Bajaj Auto Q3 result: Domestic sales, other income push net profit to record
The company had posted a net profit of Rs 795.19 crore in the corresponding quarter in last fiscal, Bajaj Auto Ltd (BAL) said in a statement.
The standalone net sales during the period under review stood at Rs 5,307.20 crore as against Rs 4,839.95 crore in the year-ago period, up 9.65 per cent, it added.
The company said it has posted "highest ever profit after tax" and "highest ever turnover" during the third quarter of the current financial year.
In terms of sales volume, 11,27,741 units were sold during the quarter as against 10,75,441 units in the same quarter last fiscal, up 4.86 per cent.
In the domestic market, Bajaj Auto's motorcycle sales increased by 7 per cent to 6,87,351 units from 6,42,395 units in the year-ago period.
The company's three-wheeler sales also went up by 23.08 per cent in the domestic market to 64,168 units in last quarter from 52,134 units in the same period last fiscal.
The total exports, however, fell by 1.23 per cent to 3,76,222 units from 3,80,912 units in October-December quarter of 2011-12 financial year, the statement said.
During the three-month period, BAL's other income rose by 20.89 per cent to Rs 203.19 crore from Rs 168.08 crore in the year-ago period, it added.
However, the company's total expenses went up by 10.12
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