Bajaj Corp has reported a rise of 93% in profit after tax of Rs 29 crore for the second quarter of FY12 as against Rs 15 crore in the corresponding quarter of last fiscal.
Total income too shot up 32% to Rs 107 crore from Rs 81 crore and EBITDA went up 22% to Rs 27.5 crore from Rs 22.5 crore year-on-year.
However, EBITDA margin was at 25.7% - less as compared to 27.8% in the second quarter of last fiscal.
Total expenditure jumped 36% to Rs 80 crore from Rs 59 crore year-on-year.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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