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Bajaj Auto Q4 results: Profit jumps 35% to Rs 1,936 crore; Rs 80 per share dividend announced; key highlights

Bajaj Auto Q4 results: Profit jumps 35% to Rs 1,936 crore; Rs 80 per share dividend announced; key highlights

Bajaj Auto Q4 results: Revenue from operations for the quarter rose 29 per cent  YoY to Rs 11,485 crore from Rs 8,905 crore in the same quarter last year.

Amit Mudgill
Amit Mudgill
  • Updated Apr 18, 2024 5:04 PM IST
Bajaj Auto Q4 results: Profit jumps 35% to Rs 1,936 crore; Rs 80 per share dividend announced; key highlightsBajaj Auto Q4 results: Profit jumps 35% to Rs 1,936 crore; Rs 80 per share dividend announced; key highlights

Bajaj Auto on Thursday reported  35 per cent year-on-year (YoY) rise in net profit at Rs 1,936 crore for the March quarter compared with Rs 1,433 crore in the same quarter last year. Revenue from operations for the quarter rose 29 per cent  YoY to Rs 11,485 crore from Rs 8,905 crore in the same quarter last year.

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Ebida for the quarter came in at Rs 2,307 crore, up 34 per cent YoY over Rs 1,718 crore in the same quarter last year. 

Ebitda margin for the quarter rose 80 basis points to 20.1 per cent from 19.3 per cent.

Also, the Board of directors have recommended a final dividend of Rs 80 per share, totalling to Rs 2,233 crore.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Apr 18, 2024 4:56 PM IST
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