Tag: Auto industry

Bajaj Auto reports 21% rise in Q2 consolidated profit at Rs 1,523.32 crore

NEW DELHI: Bajaj Auto on Wednesday reported 21.23 per cent increase in its consolidated profit after tax at Rs 1,523.32 crore in the second quarter ended September. The company had posted a consolidated net profit of Rs 1,256.57 crore in the same period last fiscal, Bajaj Auto said in a regulatory filing. Total revenue from […]

Auto sales growth outlook revised to 5-7% for FY20, says report

NEW DELHI:Automobile sales, excluding tractors is expected to grow 5-7 per cent this fiscal owing to factors such as higher vehicle prices, financing issues and higher insurance cost among others, Care Ratings said on Friday. The agency revised its outlook after industry volume witnessed sharpest decline at 13.3 per cent in April-August over the year-ago […]

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