The two and three-wheeler maker-Bajaj Auto Limited, has reported a 23% y-o-y rise in net profit at INR 1,556 cr for the quarter ended December 2020 against INR 1,262 cr in the year-ago period. The company’s revenue from operations in Q3 FY21 increased by 17% to INR 8,910 cr compared with INR 7,640 cr in Q3 FY20. Meanwhile, Bajaj Auto recorded the highest ever turnover at INR 9,279 cr in Q3. Recovery in commercial and passenger vehicles has driven company’s revenue and margin in Q3 FY21.
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