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Bajaj Auto is confident of going back to 20% margins by Q4-end

Bajaj Auto is confident of going back to 20% margins by Q4-end

Tuesday, January 31, 2017, 6:27 PM

Bajaj Auto posted 4.7% fall in Q3 net profit to Rs 924.6 crore against Rs 970.6 crore in the same period last year. Revenue for the quarter declined 4.1% to Rs 59,500 per unit. S Ravikumar, President – Business Development at Bajaj Auto said he is confident that the company will go back to its 20% plus margin growth by end of this fiscal.
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