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Bajaj Auto reports 2.96% rise in Q3 net profit

Bajaj Auto has reported results for third quarter ended December 31, 2012.

The company has reported 2.96% rise in its net profit at Rs 818.74 crore for the quarter as compared to Rs 795.19 crore for the same quarter in the previous year. Total income of the company has increased by 8.96% at Rs 5615.90 crore for quarter under review as compared to Rs 5153.97 crore for the quarter ended December 31, 2011.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world's fourth largest two- and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

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