JOIN US Bajaj Auto (BAL) on Thursday reported a 19.66 per cent decline in the net profit for Q4 of financial year 2015 ended March 31, 2015, on a y-o-y basis at Rs 621.62 crore compared with Rs 762.56 crore in the corresponding quarter in the last fiscal.
It reported a 13.21 per cent decline in the net profit for the FY2015 on a standalone basis at Rs 2,813.74 crore as against Rs 3,241.95 crore in the previous fiscal. The consolidated net profit for FY2015 stands at Rs 2,811.90 crore compared with Rs 3,264.77 crore in the last fiscal.
BAL has reported a 16.36 y-o-y decline in sales at 7,82,669 units for Q4 2015 compared with 9,35,782 units in Q4 2014. It reported a 1.52 decline in the sales for FY2015 at 38,11,201 units compared with 38,70,077 units. The company had seen a dip in 100 cc bike sales in the rural market in the quarter.