'For
quarter ended Dec 2023, consolidated Net sales (including other operating income) of Bajaj Auto has increased 30.55% to Rs 12165.33 crore compared to quarter ended Dec 2022. Sales of Automotive segment has gone up 30.40% to Rs 12,181.78 crore (accounting for 97.29% of total sales). Sales of Investments segment has gone up 37.40% to Rs 339.88 crore (accounting for 2.71% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 37.14% to Rs 2,678.32 crore. PBIT of Automotive segment rose 37.12% to Rs 2,339.04 crore (accounting for 87.33% of total PBIT). PBIT of Investments segment rose 37.24% to Rs 339.28 crore (accounting for 12.67% of total PBIT).
PBIT margin of Automotive segment rose from 18.26% to 19.20%. PBIT margin of Investments segment fell from 99.94% to 99.82%. Overall PBIT margin rose from 20.37% to 21.39%.
Operatin...
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