Bajaj Auto Q4 Results: Net profit jumps 35% YoY

Bajaj Auto today announced its earnings for the quarter ended March 2024. The company’s Q4 earnings came in better than street and analyst estimates. Bajaj Auto’s Q4 net profit jumped 35.1% on a YoY basis to Rs 1,936 crore against Rs 1,433 crore in the same period last year.

Bajaj Auto today announced its earnings for the quarter ended March 2024. The company’s Q4 earnings came in better than street and analyst estimates. Bajaj Auto’s Q4 net profit jumped 35.1% on a YoY basis to Rs 1,936 crore against Rs 1,433 crore in the same period last year.

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The company posted a strong 29% growth in its total revenue for Q4, coming in at Rs 11,485 crore against Rs 8,904 crore posted in Q4FY23. EBITDA for the company came in at Rs 2,307 crore, a 34.4% jump against Rs 1,716 crore of EBITDA posted in the March quarter of FY23.
The automotive player’s board has also approved a dividend at the rate Rs 80 per share (800%) of face value of Rs 10 each on equity shares for the financial year ended 31 March 2024, the company said in its Q4 earnings.