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Bajaj Auto declares Q4 earnings; what should investors do now?

The two and three-wheeler maker on April 27 declared a 10.3 percent year on year increase in standalone profit after tax to Rs 1,469 crore.

April 28, 2022 / 09:36 AM IST
Bajaj Auto

Bajaj Auto

Bajaj Auto share price slipped over two percent in early trade on April 28 a day after the company reported its March quarter earnings.

The two and three-wheeler maker on April 27 declared a 10.3 percent year on year increase in standalone profit after tax (PAT) to Rs 1,469 crore.

On a sequential basis, the growth in PAT is 21 percent.

Profit was aided by an exceptional income of Rs 315 crore from incentive receivable from Maharashtra for the April 2015 to March 2021 period and Rs 31 crore receivable for the April 2021 to March 2022 period.