Bajaj Hindustan FY05 net zooms 130%

Bajaj Hindustan today reported a 130% increase in net profit at Rs 140.4 crore for the year ended September 30, 2005 as against Rs 61 crore in the previous year.

According to a release issued by the company to the BSE today, total revenue increased 65.8% to Rs 900.1 crore in FY05 from Rs 543 crore in FY04.

Kushagra Bajaj, chief executive officer of Bajaj Hindustan said: "The excellent results of the company reflect our efforts in continously strategising to harness the opportunities presented by a buoyant industry."