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%