Bajaj Auto's standalone Q4 net profit down 15%

Mumbai, May 18 (IANS): Two- and three- wheeler manufacturer Bajaj Auto on Thursday reported a decline of 15.48 per cent in its standalone net profit for the fourth quarter (Q4) of 2016-17.

According to the company, its standalone net profit during the quarter under review declined to Rs 802 crore from Rs 949 crore in the corresponding period of 2015-16.

Bajaj Auto's total income for the fourth quarter decreased by 7.72 per cent to Rs 5,506 crore from Rs 5,967 crore earned during Q4 of FY16.

On a full financial year 2016-17 basis, the company reported that its standalone net profit decreased by 2.59 per cent to Rs 3,828 crore from Rs 3,930 crore in 2015-16.

The company's standalone total income during the fiscal under review edged lower by 2.59 per cent to Rs 24,310 crore from Rs 24,957 crore. 

Leave a Comment

Title : Bajaj Auto's standalone Q4 net profit down 15%


You have 2000 characters left.


Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will be held responsible.

Security Validation

Enter the characters in the image