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Bajaj Auto Q4 profit rises 36% YoY to Rs.1,175 crore

Bajaj Auto has reported 36% rise in consolidated profit at Rs.1,175.47 crore, for the quarter ended March 31,2018.

The company in the same quarter last year, reported a profit of Rs.862.25 crore. Total volumes jumped 33% to 10,45,378 units in the fourth quarter, against 7,87,627 a year ago. For FY18, international business sales volume growth was 18% at 16,62,577 units.

Total revenue from operations saw a 21% rise to Rs.6,330.30 crore, against Rs.5,212.83 crore in the corresponding quarter last year. Furthermore, the company’s board has recommended a dividend of Rs.60 per share for FY18.

Read EquityPandit’s Technical analysis of Nifty Auto 

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