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Bajaj Auto Q3 profit increases 3% YoY

Bajaj Auto has posted a 3% increase in YoY profit, for the quarter ended December 31,2017 to Rs.952 crore, against Rs.925 crore in the corresponding quarter last year.

It posted a 4% YoY increase in consolidated profit after tax, at Rs.1,013 crore for December quarter. Last year, in the corresponding quarter it had reported a profit of Rs.977 crore.

EBITDA increased 17% YoY to Rs.1,325 crore in the third quarter, against Rs.1,131 crore in the year ago period. Further, exports reported 22% increase in motorcycle sales and 48% increase in commercial vehicle sales.

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