After the results of the second quarter of the financial year 2024-25, today i.e. on October 17, Bajaj Auto shares have fallen by more than 8%. This decline is being seen due to the company's results being weaker than experts' estimates.
The company made a net profit of Rs 2,005 crore in the second quarter.
Automobile company Bajaj Auto has made a net profit (standalone net profit) of Rs 2,005 crore in the second quarter of the financial year 2024-25. There has been an increase of 9% on annual basis. The company had made a profit of Rs 1,836 crore in the same quarter a year ago.
The company has generated revenue of Rs 13,127 crore in the July-September quarter. Bajaj Auto's revenue in the same quarter a year ago was Rs 10,777 crore. This time it has increased by 22% on annual basis. The company has released its second quarter results today (Wednesday, October 16).
Bajaj Auto shares rose 106% in one year
Bajaj Auto's share has increased by 106% in the last one year., Has given profit of Rs. Bajaj's share was at Rs 5,141 on October 17, 2024, which is now at Rs 10,624. Whereas, the company's shares have risen 17.22% in 6 months.
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