Bajaj Auto Q2 Results 2023

Read this story to learn about         Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

Net Profit (PAT) increased 20% YoY Revenue from operations grew by 5.6% YoY Exports rose 8% QoQ

Performance Highlights

Net profit stood at ₹ 1,836.14 Cr Revenue from Operations        ₹ 10,777.27 Cr EBITDA increased by 21% YoY; stood at ₹2,133 Cr

Operational Highlights

· The number of units sold in Q2 FY’24 was 10,50,975, less than Q2 FY’23 · On the domestic front, Bajaj Auto Ltd. recorded double-digit growth, which drove its revenue

Major Announcements

· The company is set to launch   the Scrambler 400X · The company amended its   dividend policy. The Board of   Directors will recommend the   dividend payout based on   multiple factors