Bajaj Auto Q2 Profit Surges 62% as Exports and EV Margins Help Offset Rising Costs
Bajaj Auto's profit rose 62% year on year in July-September, supported by export growth, a favourable exchange-rate movement and improving electric-vehicle margins. Rising commodity and logistics costs were partly offset.
New Delhi, Oct. 27 -- Bajaj Auto's profit surged 62% year-on-year in the July-September quarter as strong export growth, a favourable exchange-rate movement and improving electric-vehicle margins helped India's fourth-largest two-wheeler maker absorb rising commodity and logistics costs. But the co…