Bajaj Auto Sept qtr net jumps 69% to Rs 682 cr

On the back of its highest ever quarterly motorcycle sales, Bajaj Auto today reported 69.32 per cent jump in its net profit for the quarter ending September 30 at Rs 682.08 crore.

The company had reported Rs 402.83 crore during the same period last year, Bajaj Auto Ltd (BAL) said in a statement

The total income of the company during the second quarter of this fiscal stood at Rs 4,341.82 crore compared to Rs 2,887.51 crore in the year-ago period, up 50.37 per cent.

BAL said during the July-September period, the company had sold a total of 10,00,570 units as against 6,86,727 units in the corresponding period last fiscal, up 45.70 per cent.

In the motorcycle segment, the company recorded its highest ever sales at 8,83,494 units compared to 5,99,641 units, a growth of 47.33 per cent.

"The quarter witnessed the highest ever motorcycle sales," the statement said.