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23 May, 2017 16:20 IST
Bajaj Auto quarterly earnings decline 13.44%
Source: IRIS | 18 May, 2017, 03.29PM
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Bajaj Auto  disclosed a sharp drop in consolidated net profit for the quarter ended March 2017.  During the quarter, the profit of the company declined 13.44% to Rs 8,622.50 million from Rs 9,961.70 million  in the same quarter previous year.

Revenues for the quarter declined 7.72% to Rs 55,065.70 million, compared with Rs 59,671.30 million for the prior year period.

Earnings per share for the quarter stood at Rs 29.80, registering 13.37% decline over previous year period.

Quarterly Results - Consolidated (Rs in mn)
As atMar - 17Mar - 16%Change
Revenues55,065.7059,671.30(7.72)
Net Profit8,622.509,961.70(13.44)
Diluted EPS29.8034.40(13.37)

Shares of the company declined Rs 62.6, or 2.06%, to trade at  Rs 2,970.00.  The total volume of shares traded  was  44,590 at the BSE (3.21 p.m., Thursday).



Bajaj Auto Limited   (Q,N,C,F)*

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