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Bajaj Auto Q3 net up 19%

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Agencies

Posted: Jan 19, 2012 at 1443 hrs IST

New Delhi Bajaj Auto Ltd posted a 19.19 per cent rise in net profit to Rs 795.19 crore for the third quarter ended December 31, 2011, vis-a-vis the corresponding period of the previous fiscal.

The company had posted a net profit of Rs 667.11 crore for the same period last financial year, Bajaj Auto said in a filing to the BSE.

Net sales of the company rose to Rs 4,839.95 crore for the third quarter ended December 31, 2011, from Rs 3,980.15 crore in the corresponding period of the previous financial year.

The company's revenues from the automotive segment stood at Rs 5,063.16 crore for the third quarter, as against Rs 4,177.08 crore in the same period last fiscal.

Shares of Bajaj Auto were trading at Rs 1,457 on the BSE, up 0.16 per cent from their previous close.

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