Revenues from operations rose 8 per cent YoY to Rs 8,005 crore for the June quarter in contrast with Rs 7,386 crore within the corresponding quarter final 12 months.
Each the highest and the underside line beat ET NOW ballot estimates of Rs 1,069 crore and Rs 7,652 crore, respectively.
Ebitda for the quarter jumped 15 per cent YoY to Rs 1,328 crore from Rs 1,153 crore within the year-ago quarter.
Ebitda margin expanded by 100 foundation factors in June 2022 quarter to 16.6 per cent towards 15.6 per cent within the year-ago quarter, the two-wheeler maker stated in a press launch.
Ebitda grew regardless of provide constraints, value headwinds and weak macro-economic context. Considered worth will increase, higher international alternate realisation and a beneficial combine offset the fabric value inflation and enabled margin enchancment,
stated.
The corporate stated gross sales for the quarter have been impacted by the insufficient availability of semiconductors, though the state of affairs improved within the latter half as new provide sources have been developed, it stated.
Total, volumes for the auto maker have been down 7 per cent for the quarter to 9,33,646 models towards 10,06,014 models within the year-ago quarter. Whereas complete home volumes, together with two-wheelers and industrial autos, have been down 1 per cent YoY, exports have been down 10 per cent YoY for the quarter.
The corporate stated its exports in the course of the quarter have been led by ASEAN and LATAM markets with total market share persevering with to increase regardless of difficult macros in a couple of markets.
Bajaj Auto clocked the best ever sale of sports activities bikes in LATAM markets led by Dominar and Pulsar, the corporate stated.