IANS | 18 Apr, 2024
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.
