In the quarter that ended on September 30, 2021, Bajaj Auto witnessed a revenue after tax (PAT) of Rs. 1,275 crore, a year-on-year development of 12 per cent in comparison with Rs. 1,138 crore revenue registered in Q2 FY2020-21.
Bajaj Auto has launched its monetary outcomes for the second quarter (Q2) of FY2021-22. During the quarter that ended on September 30, 2021, the corporate witnessed a revenue after tax (PAT) of ₹ 1,275 crore. That’s an year-on-year development of 12 per cent in comparison with ₹ 1,138 crore revenue registered in Q2 FY2020-21. Between July and September 2021, Bajaj Auto’s whole income from operations stood at ₹ 8,762 crore, an increase of twenty-two per cent in comparison with the ₹ 7,156 crore income was generated throughout the identical quarter within the earlier fiscal yr.
The firm’s revenue after tax for the primary half to Financial Year 2021-22 stood at ₹ 2,336 crore. Compared to H1 FY2021, when the corporate registered a revenue of ₹ 1,666 core, Bajaj Auto witnessed a YoY development of 40 per cent throughout the April-September 2021 interval. The firm’s whole income from operation for the aforementioned interval this yr, stood at ₹ 16,148 crore, that is a 58 per cent development in comparison with ₹ 10,235 crore income generated in H1 FY2021.
In Q2 FY2022, Bajaj Auto’s whole gross sales stood at 1,144,407 models. Compared to 1,053,337 autos bought throughout the identical quarter within the final fiscal yr, the corporate witnessed a YoY development of 9 per cent. Two-wheeler gross sales alone stood at 1,029,915 throughout the quarter that ended with September 30, 2021, out of which 488,148 models had been bought within the home market and 541,767 models had been exported. Bajaj Auto, the nation’s largest two-wheeler exported witnessed a 28 per cent development for July-September 2021 interval, with whole exports standing at 612,191 models. The firm’s whole gross sales for H1 FY2022 stood at 2,150,421 models, a 44 per cent development in comparison with 1,496,440 bought between the identical April to September interval in 2020.
During the final quarter, Bajaj Auto, by its Netherlands-based subsidiary Bajaj Auto International Holdings BV (BAIHBV) has transferred 46.5 per cent of the whole stake in KTM to PTW Holding AG, the bulk stakeholder in Pierer Mobility AG. In return, BAIHBV has been granted 49.9 per cent stake in PTW Holding AG. The resultant acquire in honest worth of ₹ 501 crore is proven as an distinctive merchandise in consolidated revenue after tax of Bajaj Auto. Bajaj Auto will even acquire by turning into an oblique stakeholder in different manufacturers of the Austrian companion, together with Husqvarna, GasGas and R Raymon.