Bajaj Auto on Friday said its standalone profit rose by 1 per cent to Rs 1,126 crore in the June quarter compared with Rs 1,115 crore in the same quarter last year. The profit figure came in better than ET NOW poll estimate of Rs 1,060 crore. Margins took a beating, falling to 16.1 per cent from 18.3 per cent. Turnover for the quarter rose 5 per cent to Rs 8,197 crore from Rs 7,812 crore in the year-ago period. Ebitda dropped 9 per cent to Rs 1,250 crore against Rs 1,367 crore in the corresponding quarter last year.




► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTimes?sub_confirmation=1

► More Videos @ ETTV - http://economictimes.indiatimes.com/TV

► http://EconomicTimes.com

► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/EconomicTimesApp

Follow ET on:

► Facebook - https://www.facebook.com/EconomicTimes
► Twitter - http://www.twitter.com/economictimes
► LinkedIn - http://www.linkedin.com/company/economictimes
► Instagram - https://www.instagram.com/the_economic_times
► Flipboard - https://flipboard.com/@economictimes

The Economic Times | A Times Internet Limited product

Watch Bajaj Auto Q1 profit meets estimates, rises 1% to Rs 1,126 crore With HD Quality.