Stock Report

BAJAJ Auto Ltd Q1FY21 consolidated PAT falls to Rs. 395.51 crore



Posted On : 2020-07-22 12:55:02( TIMEZONE : IST )

BAJAJ Auto Ltd Q1FY21 consolidated PAT falls to Rs. 395.51 crore

BAJAJ AUTO LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.3417.12 crores during the period ended June 30, 2020 as compared to Rs.7243.31 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.395.51 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.1353.99 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.13.7 for the period ended June 30, 2020 as compared to Rs.46.8 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 3417.12 crs₹ 7243.31 crsDown Tick -52.82%
Net Profit₹ 395.51 crs₹ 1353.99 crsDown Tick -70.79%
EPS₹ 13.7₹ 46.8Down Tick -70.73%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.3417.12 crores during the period ended June 30, 2020 as compared to Rs.8093.27 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.395.51 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.1012.17 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.13.7 for the period ended June 30, 2020 as compared to Rs.35 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 3417.12 crs₹ 8093.27 crsDown Tick -57.78%
Net Profit₹ 395.51 crs₹ 1012.17 crsDown Tick -60.92%
EPS₹ 13.7₹ 35Down Tick -60.86%

Q1 / FY21 has been an extremely challenging quarter due to the unprecedented COVID-19 pandemic. Lockdown and other containment I precautionary measures have resulted in disrupted supply lines and a sharp decline in overall demand.

Impact of this pandemic was experienced in India and in countries across the globe that we export to, While we have restarted operations, sporadic localised lockdowns are disrupting the supply chain and impacting the ability of the business to return towards normalcy.

As on 30th June 2020, surplus cash and cash equivalents stood at Rs. 14,232 crore as against Rs. 14,322 crore as on 31st March 2020.

Shares of BAJAJ AUTO LTD. was last trading in BSE at Rs.3001.3 as compared to the previous close of Rs. 3001.95. The total number of shares traded during the day was 27995 in over 2676 trades.

The stock hit an intraday high of Rs. 3056 and intraday low of 2990. The net turnover during the day was Rs. 84704054.

Source : Equity Bulls

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