Bajaj Auto, one of the leading 2 and 3 wheeler makers, today reported a rise of 10.48% in net profit for the quarter ended Dec. 31, 2013.
During the quarter, the net profit rose to Rs 9.05 billion as compared to Rs 8.19 billion in the same period last year.
During the quarter, net sales of the company decreased by 5.32% on year-on-year basis to Rs 50.25 billion.
Total income has decreased 5.20% to Rs 51.31 billion, when compared with the same period last year.
Shares of the company gained Rs 13.6, or 0.72%, to trade at Rs 1,909. The total volume of shares traded was 29,813 at the BSE (2.56 p.m., Thursday).