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Stock Report
Bajaj Auto Q1 net up 26% (YOY) at Rs.266 Crores
Posted On : 2006-07-15 02:40:24( TIMEZONE : IST )
Bajaj Auto Ltd announced its first quarter results for the year 2006-2007. The company announced sales at Rs.2294 Crores compared to Rs.1755 Crores last year. The net profit was up 28% at Rs.266 Crores compared to Rs.208 Crores in Q1 of 2005-2006.
The company´s income was up 33% at Rs.2297.42 Crores compared to Rs.1726.9 Crores. Markets were expecting net profit of Rs.315 Crores. The company´s results were below market expectations, but the impact of this would be felt on the share price only when the markets open on Monday.
