'For
quarter ended Sept 2023, consolidated Net sales (including other operating income) of Bajaj Auto has increased 6.23% to Rs 10838.24 crore compared to quarter ended Sept 2022. Sales of Automotive segment has gone up 5.91% to Rs 10,844.61 crore (accounting for 96.77% of total sales). Sales of Investments segment has gone up 21.86% to Rs 362.23 crore (accounting for 3.23% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 17.00% to Rs 2,590.56 crore. PBIT of Automotive segment rose 16.26% to Rs 2,228.83 crore (accounting for 86.04% of total PBIT). PBIT of Investments segment rose 21.75% to Rs 361.73 crore (accounting for 13.96% of total PBIT).
PBIT margin of Automotive segment rose from 18.72% to 20.55%. PBIT margin of Investments segment fell from 99.95% to 99.86%. Overall PBIT margin rose from 21.01% to 23.12%.
Operatin...
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