City
Epaper

Bajaj Auto's net profit rises to Rs 2,011 crore in Q4, declares dividend of Rs 80 per share

By IANS | Updated: April 18, 2024 18:05 IST

Mumbai, April 18 Two-wheeler major Bajaj Auto on Thursday reported a consolidated net profit of Rs 2,011 crore ...

Open in App

Mumbai, April 18 Two-wheeler major Bajaj Auto on Thursday reported a consolidated net profit of Rs 2,011 crore for the fourth quarter of 2023-24, up from Rs 1,704.74 crore during the same period of the previous year.

The bike maker posted a revenue of Rs 11,554.95 crore in the January-March quarter, up from Rs 9,192.73 crore during the same period last year.

The company’s board approved a dividend of Rs 80 per share of face value of Rs 10 each on equity shares for the financial year ended March 31, 2024, according to its stock exchange filing.

The shares of Bajaj Auto rose 1.61 per cent to Rs 9,062 on the BSE on Thursday before the fourth quarter results were announced.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalPM Modi’s words will hurt Pakistan like our missiles: MP CM

InternationalIsrael launches USD 1.4B National Food Security Strategy for 2050 amid growing threats

NationalPM Modi shaped India's new doctrine, says Chandrababu Naidu

Other SportsIPL 2025: Action to resume on May 17 with RCB v KKR in Bengaluru, matches at six venues; final on June 3

CricketIPL 2025 New Schedule Out: BCCI Announces Resumption of Matches, Know Time and New Final Dates

Business Realted Stories

BusinessIndonesia: Calls for global action grow at Medan Seminar on Uyghur crisis

BusinessIndia-made defence systems now a formidable force in 21st-century warfare: PM Modi

BusinessTariff gap that once favoured India is shrinking fast after latest US-China deal: Expert Ajay Srivastava

BusinessUS stocks soar as tariff truce with China sparks global market rally

BusinessUnion Minister Manohar Lal, Goa CM Sawant review progress of urban development schemes