Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs 1,988 crore in the first quarter of FY25, registering a growth of 19.4% from ₹1,665 crore in the year-ago quarter.
Bajaj Auto’s revenue from operations in Q1FY24 increased 15.7% YoY to ₹11,928 crore from ₹10,310 crore, year-on-year (YoY), on the back of strong vehicle sales and record spares revenue.
The auto major sold 11,02,056 units of vehicles in the June 2024 quarter, agrowth of 7% as compared with 10,27,407 units sold in the same quarter last year.