Automaker Bajaj Auto reported a net profit (standalone net profit) of Rs 2,005 crore in the second quarter of the financial year 2024-25. There was an increase of 9% on an annual basis. The company had made a profit of Rs 1,836 crore in the same quarter a year ago.
The company generated a revenue of Rs 13,127 crore in the July-September quarter. Bajaj Auto’s turnover in the same quarter a year ago was Rs 10,777 crore. This time it grew by 22% on an annual basis. The company released its second quarter results today (Wednesday, October 16).
Bajaj Auto stock rose 128.94% in a year
Shares of Bajaj Auto gained 0.88% today (October 16) and closed at Rs 11,622.50, up Rs 101. The company’s shares fell 2.41% in 5 days and by 0.56% in one month.
While it gave returns of 30.31% in 6 months and 128.94% in a year. Bajaj shares are up 73.44% this year i.e. from January 1 till today.