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Bajaj Auto posts 8% drop in consolidated Q4FY20 revenue

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Bajaj Auto's consolidated net profit for the period is ₹1,354 crore, down 4% yoy from ₹1,408 crore from the year-ago period Pune-based Bajaj Auto Ltd has reported 8.15% year-on-year decline in its consolidated revenues for the March quarter.

The company’s revenue from operations stood at ₹6,816 crore for Q4FY20 as against ₹7,421 crore for the year-ago period. It’s consolidated net profit for the period is ₹1,354 crore, down 4% yoy from ₹1,408 crore from the year-ago period.

The quarterly performance was based on the sharp decline in the two- and three-wheeler volumes as a result of the pandemic-induced nationwide lockdown.

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