Bajaj Auto Q1FY24 Results: Consolidated PAT of Rs. 1644.14 Cr

Bajaj Auto Q1 results show revenue up from 9,192.73 crores to 10,663.01 crores, a 15.99% increase in growth. EPS down from ₹60.3 to ₹58.1, down by -3.65%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Bajaj Auto shared its Q1 results on Tuesday. They earned 10,663.01 crores in revenue this quarter, but that’s more than the 9,192.73 crores they made last quarter. The company’s growth increased by 15.99 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1,644.14 crores, down from 1,704.74 crores in the previous quarter. Their quarter-to-quarter growth decreased by -3.55 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹58.1, which is a decrease of -3.65% from the ₹60.3 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 10,663.01 crores this year (2023), which is 28.09 percent higher than last year’s total revenue of 10,663.01 crores.

This year’s PAT (Profit After Tax) is 1,644.14 crores, which is also 41.33% higher than last year’s PAT of 1,163.33 crores.

The EPS (Earnings Per Share) for this year is ₹58.1, which is 44.53% more than the EPS of ₹40.2 earned last year.

Also Read: Torrent Power unveils public EV charging stations

Bajaj Auto Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Bajaj Auto:

Bajaj Auto Limited, headquartered in Pune, India, is a multinational automotive manufacturing company. The company specializes in the production of motorcycles, scooters, and auto rickshaws. Bajaj Auto is affiliated with the renowned Bajaj Group and traces its roots back to its establishment in Rajasthan during the 1940s by Jamnalal Bajaj.

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