The company’s standalone profit for the December quarter rose 3.3 per cent year-on-year (Y-o-Y) to Rs 2,108.7 crore compared to Rs 2,041.9 crore in the same period last year (Q3FY24).
Those at InCred Equities reported a 6 per cent Y-o-Y rise in Bajaj Auto’s Q3 Ebitda, which was 3 per cent below their estimates but 4 per cent above Bloomberg consensus.
The company’s domestic volumes {two-wheelers (2W) and commercial vehicles (CV)} dropped 9 per cent Y-o-Y, with 7,07,105 units sold compared to 7,78,281 units in Q3FY24.
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