New Delhi, Apr 18 (PTI) Bajaj Auto on Thursday reported a 35 per cent increase in standalone profit after tax at Rs 1,936 crore in the fourth quarter ended March 31, 2024.

The Pune-based company had reported a profit after tax (PAT) of Rs 1,433 crore in the January-March quarter of 2022-23 fiscal.

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Revenue from operations rose by 29 per cent to Rs 11,485 crore for the fourth quarter as against Rs 8,905 crore in the year-ago period.

For the year ended March 31, 2024, the company posted a 33 per cent rise in PAT at Rs 7,479 crore from Rs 5,628 crore in the FY23 fiscal.

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Revenue from operations rose to Rs 44,685 crore over Rs 36,428 crore in the 2022-23 fiscal.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)