Bajaj Auto Posts Rs 978 Crore Profit In Q1, Meets Estimates

Bajaj Auto's standalone net profit edged 2 per cent higher to Rs 978 crore in the June quarter. Total income from operations inched up to Rs 6,089 crore from Rs 5,881 crore during the same period of the previous fiscal.  The numbers were in line with the Street's estimates. Bajaj Auto's net profit was boosted by other income of Rs 267 crore.  The two-wheeler maker reported an operating or EBITDA profit of Rs 1,227 crore, higher tha...