'For
quarter ended June 2024, consolidated Net sales (including other operating income) of Bajaj Auto has increased 15.71% to Rs 11932.07 crore compared to quarter ended June 2023. Sales of Automotive segment has gone up 14.90% to Rs 11,852.69 crore (accounting for 96.62% of total sales). Sales of Investments segment has gone down 4.07% to Rs 333.25 crore (accounting for 2.72% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 17.69% to Rs 2,584.57 crore. PBIT of Automotive segment rose 24.28% to Rs 2,298.34 crore (accounting for 88.93% of total PBIT). PBIT of Investments segment fell 3.98% to Rs 333.10 crore (accounting for 12.89% of total PBIT).
PBIT margin of Automotive segment rose from 17.93% to 19.39%. PBIT margin of Investments segment rose from 99.86% to 99.95%. Overall PBIT margin rose from 20.60% to 21.07%.
Operating p...
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