1,061 crore profit in the June quarter, know how much was the income

New Delhi. The country’s leading two-wheeler manufacturer Bajaj Auto has released the results for the June quarter of the current financial year on Thursday. The company’s profit reached Rs 1,061.2 crore in the first quarter of the financial year 2021-22. With this, the company had earned a profit of Rs 528 crore in the same quarter of the previous financial year.

In the first quarter, the company’s profit has increased by 115 percent on a year-on-year basis. The company’s results in the first quarter have been slightly weaker than expected. The CNBC-TV18 Poll had estimated that the company’s profit in the first quarter could be at Rs 1,137 crore.

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The company’s income stood at Rs 7,386 crore
The company’s income in the first quarter stood at Rs 7,386 crore. At the same time, in the first quarter of the financial year 2020-21, the company’s income was Rs 3,079.2 crore. The CNBC-TV18 Poll had estimated that the company’s income in the first quarter could be at Rs 7,352 crore.

The company’s EBITDA in the first quarter ended 30 June 2021 stood at Rs 1,120 crore, which stood at Rs 408.5 crore in the first quarter of the financial year 2020-21. CNBC-TV18 Poll estimated that the company’s EBITDA in the first quarter could be at Rs 1,176 crore.

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EBITDA margin of the company stood at 15.2%
The company’s EBITDA margin stood at 15.2% in the first quarter as against 13.3% in the first quarter of FY 2020-21. The CNBC-TV18 poll estimated that the company’s EBITDA margin could remain at 16% in the first quarter. The company’s tax expense in the first quarter stood at Rs 321.5 crore. This expenditure stood at Rs 156.3 crore in the first quarter of the financial year 2020-21.

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