'For quarter ending Sept 2024, consolidated Net sales (including other operating income) of Bajaj Auto has increased 22.23% to Rs 13247.28 crore compared to quarter ended Sept 2023. Sales of Automotive segment has gone up 20.53% to Rs 13,070.73 crore (accounting for 95.78% of total sales). Sales of Investments segment has gone up 9.57% to Rs 396.90 crore (accounting for 2.91% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has slumped 10.64% to Rs 2,314.98 crore. PBIT of Automotive segment fell 12.45% to Rs 1,951.30 crore (accounting for 84.29% of total PBIT). PBIT of Investments segment rose 9.46% to Rs 395.95 crore (accounting for 17.10% of total PBIT).
PBIT margin of Automotive segment fell from 20.55% to 14.93%. PBIT margin of Investments segment fell from 99.86% to 99.76%. Overall PBIT margin fell from 23.12% to 16.96%.
Operating profit margin...
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