Bajaj Auto Share Price: Stock to Watch: Bajaj Auto shares in focus on 9% YoY PAT jump
Shares of two-wheeler major Bajaj Auto will be in focus on Thursday following the company’s Q2FY25 earnings which were marginally below Street’s estimates. On Wednesday, the company reported a standalone net profit of Rs 2,005 crore for the quarter ended September 2024. The profit jumped by 9% over Rs 1,836 crore reported in the year-ago period.
The company reported revenue from operations at Rs 13,127 crore, which was 22% higher than Rs 10,777 crore reported in the corresponding quarter of the previous financial year.
Both PAT and revenue figures were below ET Now poll estimates of Rs 2,198 crore and Rs 13,305 crore, respectively.
Domestic volumes stood at 7,76,711 units — a 22% YoY jump. In the corresponding quarter of the previous…
