BusinessBajaj Auto Q1 Result 2022 Profit up 10.6% to Rs 1,173 cr,...

Bajaj Auto Q1 Result 2022 Profit up 10.6% to Rs 1,173 cr, earnings up 8%

In the first quarter, the company's EBITDA margin increased from 15.2 per cent year-on-year to 16.2 per cent. On the other hand, CNBC-TV18's poll had estimated it to be at 15.6 percent.

Bajaj Auto Q1 Result 2022: The country’s leading two and three wheeler maker auto company Bajaj Auto has today declared the results of the first quarter of the financial year 2022-23 ending June 30, 2022. The company’s profitin the June quarter grew by 10.6 per cent to Rs 1,173 crore. Which stood at Rs 1,061 crore in the June quarter of FY 2021-22. At the same time, CNBC-TV18’s poll had estimated it to be at Rs 1,049 crore.

The company’s income in the first quarter grew by 8.4 per cent to Rs 8,005 crore from Rs 7,386 crore in the June quarter of FY 2021-22. While CNBCTV18’s poll had estimated it at Rs 1,195 crore.

The company’s Ebitda has increased by 15.9 per cent to Rs 1,297 crore in the first quarter of FY 2022-23 from Rs 1,119 crore in the first quarter of FY 2021-22. At the same time, CNBC-TV18’s poll had estimated it to be at Rs 5,110 crore.

In the first quarter, the company’s EBITDA margin increased from 15.2 per cent year-on-year to 16.2 per cent. At the same time, CNBC-TV18’s poll had estimated it to be at 15.6 percent.

At present, around 2.38 pm, the stock of Bajaj Auto was seen on the NSE, down 59.30 points, or 1.47 per cent, at Rs 3,961.85. The day’s low of this stock is Rs. 3,944.00 while the day’s high is of Rs. 4,030.00. The stock’s 52 week high is at Rs 4,091.00 while the 52 week low is at Rs 3,027.05. The volume of the stock is 670,718 shares. The company’s market cap is Rs 114,664 crore.

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