Bajaj Auto Q3FY17 Results

Bhagyashree Vivarekar / 31 Jan 2017

Bajaj Auto Q3FY17 Results

The company reported a PAT figure of Rs 924.1 crore which represents a sequential QoQ decline of 17.62 per cent and a YoY decline of 4.77 per cent.

Bajaj Auto Ltd. reported its results for the quarter ended December 31, 2016 during market hours on Tuesday. 

The consolidated sales for this quarter, Q3FY17, came in at Rs 5,354 crore. This represents a 16.76 per cent sequential decline and 9.01 per cent YoY decline.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs 967 crore and the EBIT margin stood at 18.06 per cent.

The company reported a PAT figure of Rs 924.1 crore which represents a sequential QoQ decline of 17.62 per cent and a YoY decline of 4.77 per cent.

Bajaj Auto Ltd. is an Indian company engaged in manufacturing of automobiles i.e. two wheelers (bikes and scooters) and commercial three wheelers. It has a total of three plants located in Waluj, Chakan and Pant Nagar.