Bajaj Q4 net profit up 31%

By siliconindia staff writer   |   Wednesday, 19 May 2004, 07:00 Hrs
Printer Print Email Email
MUMBAI: Bajaj Auto Ltd, countrys second biggest motorcycle maker, reported on Wednesday its quarterly profit jumped 31 per cent as its two- and three-wheeler sales rose nearly 10 per cent in the world's biggest market after China . Bajaj, which mainly battles market leader Hero Honda Motors Ltd in the motorcycle market but also makes scooters, mopeds and motorised rickshaws, said net profit rose to Rs 196 crore in its fiscal fourth quarter ended March 31 from Rs 150 crore a year earlier.

SPOTLIGHT
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..