Bajaj Auto Q2 net profit 13% at Rs 837 Crore
Baja Auto Limited recorded its best quarter ever with highest operating EBITDA Rs.1204 Cr, profit after tax Rs.837 Cr, profit before tax Rs.1212 Cr and export Rs.2125 Cr.
Bajaj Auto is the world fourth largest and India second largest two and three-wheeler manufacturer. The Company has announced the second-quarter sales figure with profit 13% at Rs.837 Crore. The company recorded its best quarter ever with highest operating EBITDA Rs.1204 Cr, profit after tax Rs.837 Cr, profit before tax Rs.1212 Cr and export Rs.2125 Cr.
Baja Auto Limited has been declaring an operating profit of 20%, these operating margins are nearly double of the nearest competitor and three times of the auto industry.
Results are given below:
|
Rs. In Cr |
Q1/FY14 |
Q2/FY13 |
Change |
||||
|
Auto |
Treasury |
Total |
Auto |
Treasury |
Total |
||
|
Sales ( No’s ) |
961,330 |
1,049,208 |
-8% |
||||
|
Net Sales |
5062 |
- |
5062 |
4817 |
- |
4817 |
|
|
Other operating income |
113 |
- |
113 |
155 |
- |
155 |
|
|
Other income |
33 |
91 |
124 |
17 |
89 |
167 |
|
|
Mark-to-market gain |
- |
- |
- |
61 |
- |
|
|
|
Total Income |
5208 |
91 |
5299 |
5050 |
89 |
5139 |
3% |
|
Total Expenditure before MTM |
4004 |
- |
4004 |
4057 |
- |
4057 |
|
|
EBITDA before MTM |
1204 |
91 |
1295 |
932 |
89 |
1021 |
27% |
|
Operating EBITDA% |
1204 |
|
|
18.7% |
|
|
|
|
Mark-to-Market loss |
39 |
|
39 |
|
|
|
|
|
EBITDA after MTM |
1165 |
91 |
1256 |
993 |
89 |
1082 |
|
|
Interest and Depreciation |
44 |
- |
44 |
41 |
|
41 |
|
|
Profit before tax |
1121 |
91 |
1212 |
952 |
89 |
1041 |
16% |
|
Profit after tax |
|
|
|
837 |
|
741 |
13% |