BAJAJ AUTO : Bajaj Auto has announced its third quarter results. The company's Q3FY09 standalone net sales stood at Rs 2004.75 crore versus Rs 2,398 crore, YoY.

Its standalone net profit was down at Rs 164.27 crore versus Rs 213.39 crore, YoY.

Its revenues were down by 16% to Rs 2004.75 crore. Its EBIDTA margins were at 14.5 % versus 13.5 % on QoQ basis.

The margin improvement was due to richer product mix, lean cost structure. Its raw material cost has gone down to 1298 crore versus 1795 crore.

 

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