Bajaj Auto Q2 PAT dips 22% YoY at Rs 1,194 crore; margin expands

Two-wheeler main Bajaj Auto on Thursday reported consolidated web revenue of Rs 1,193.7 crore for the July-September quarter of FY21 (Q2FY21), down 21.6 per cent, from a revenue of Rs 1,523.7 crore within the year-ago interval. Sequentially, nevertheless, the revenue surged 202 per cent from Rs 395.51 crore posted within the June quarter of FY21.

The firm’s income fell 7.15 per cent YoY to Rs 7,155.86 crore, as towards Rs 7,707.32 crore in Q1FY20.

Analysts at Prabhudas Lilladher had pegged revenue of Rs 1,209.5 crore and income at Rs 7,246.7 crore for the quarter. READ MORE

Standalone numbers

On a standalone foundation, the online revenue was Rs 1,138.2 crore, down 18.8 per cent from Rs 1,402.4 crore clocked in Q2FY20.

The firm’s Ebitda (earnings earlier than curiosity, tax, depreciation and amortisation) got here in at Rs 1,266.2 crore within the quarter beneath overview, whereas margin improved 110 foundation factors (bps) at 17.7 per cent.

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