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Bajaj Auto Q2 Profit 33.54 Billion Rupees; IBES Estimates 31.68 Billion

Bajaj Auto reported Q2 profit of 33.54 billion rupees, versus IBES estimates of 31.68 billion rupees.

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09:57:11 AM UTC
SquawkNews
Indian automaker Bajaj Auto NSE:BAJAJ_AUTO on Tuesday posted a bigger-than-expected quarterly profit, helped by rising overseas demand and gains from favourable currency movements.The Pulsar-maker reported a 35.3% rise in second-quarter profit to 33.54 billion rupees ($352.55 million). Analysts, on…