Bajaj Auto jumps on reporting 15% rise in Q4 consolidated net profit
Bajaj Auto is currently trading at Rs. 3890.00, up by 55.75 points or 1.45% from its previous closing of Rs. 3834.25 on the BSE.
The scrip opened at Rs. 3800.00 and has touched a high and low of Rs. 3890.00 and Rs. 3800.00 respectively. So far 4832 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4361.20 on 04-Feb-2021 and a 52 week low of Rs. 2363.25 on 06-May-2020.
Last one week high and low of the scrip stood at Rs. 3960.00 and Rs. 3640.75 respectively. The current market cap of the company is Rs. 110950.55 crore.
The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 24.28% and 22.02% respectively.
Bajaj Auto has reported results for fourth quarter and year ended March 31, 2021. The company has reported a rise of 1.66% in its net profit at Rs 1,332.07 crore for the quarter under review as compared to Rs 1,310.29 crore for the same quarter in the previous year. Total income of the company increased by 20.84% at Rs 8,879.70 crore for Q4FY21 as compared Rs 7,348.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 14.57% in its net profit attributed to the owners at Rs 1,551.28 crore for the quarter under review as compared to Rs 1,353.99 crore for the same quarter in the previous year. Total income of the company increased by 22.59% at Rs 8,879.70 crore for Q4FY21 as compared Rs 7,243.31 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 10.69% in its net profit at Rs 4554.59 crore as compared to Rs 5099.98 crore for the previous year. Total income of the company decreased by 8.32% at Rs 29,017.54 crore for year under review as compared to Rs 31,652.21 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 6.81% in its net profit attributed to the owners at Rs 4,857.02 crore as compared to Rs 5211.91 crore for the previous year. Total income of the company decreased by 7.71% at Rs 29,017.54 crore for year under review as compared to Rs 31,443.22 crore for year ended March 31, 2020.