Monday, May 27, 2024

Bajaj Auto’s net profit rises to Rs 2,011 crore in Q4, declares dividend of Rs 80 per share


Share post:


Shillong, April 18: Two-wheeler major Bajaj Auto on Thursday reported a consolidated net profit of Rs 2,011 crore for the fourth quarter of 2023-24, up from Rs 1,704.74 crore during the same period of the previous year.

The bike maker posted a revenue of Rs 11,554.95 crore in the January-March quarter, up from Rs 9,192.73 crore during the same period last year.

The company’s board approved a dividend of Rs 80 per share of face value of Rs 10 each on equity shares for the financial year ended March 31, 2024, according to its stock exchange filing.

The shares of Bajaj Auto rose 1.61 per cent to Rs 9,062 on the BSE on Thursday before the fourth quarter results were announced. (IANS)


Related articles

Cyclone Remal leaves 7 dead in Bangladesh

  Dhaka, May 27 (IANS) At least seven people died in Bangladesh due to the devastations of cyclone Remal,...

NSE to launch one paisa ticket size for stocks below Rs 250 from June 10

  Mumbai, May 27:  The National Stock Exchange is set to launch a new one paisa ticket for stocks...

Severe weather with tennis ball-sized hailstones, tornadoes in parts US leave 15 dead

Washington, May 27:  Powerful storms have caused extensive damage in the southern and midwestern regions of the United...

IPL 2024: KKR played like ‘invincibles’ throughout the season, says skipper Shreyas Iyer

Shillong, May 27: Kolkata Knight Riders' (KKR) skipper Shreyas Iyer lauded his side for playing "like invincibles throughout...