Bajaj Auto reports record revenue in Q3 earnings
pre-market1 source ↓written by the desknot a recommendation
- ₹16,204.45 crore
- 23% YoY increase
- Net profit surged
- 25% YoY to ₹2,749.82 crore
- EBITDA margins
- 20.8%
- targets ranging
- ₹9,015 to ₹11,500
Bajaj Auto achieved record consolidated revenue of ₹16,204.45 crore, a 23% YoY increase. Net profit surged 25% YoY to ₹2,749.82 crore, with EBITDA margins at 20.8%. Despite strong results, analysts have mixed views, with price targets ranging from ₹9,015 to ₹11,500. Market response was positive, with stock closing up 0.76% at ₹9,584.
Not investment advice. For informational purposes only.