Bajaj Auto quarterly profit dips
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⭐Bajaj Auto quarterly profit dips
Automaker reported a 12% YoY rise in its standalone revenue to ₹8,905 crore during the March quarter. The company said robust growth in domestic business helped deliver volume-led revenue growth. Meanwhile, its net profit fell 2% YoY to ₹1,433 crore. In addition, the company also declared a dividend of ₹140 per share.
⭐ Tata Consumer reports robust Q4 numbers
FMCG firm’s fourth-quarter net profit grew by 21% YoY to ₹290 crore. During the same period, its revenue from operations was at ₹3,619 crore, a rise of 14% YoY. Along with the result, the company’s board recommended a final dividend of ₹8.45 per share.
⭐ AU Small Finance beats street estimates
The private lender saw its March quarter net profit rise 23% YoY to ₹425 crore on the back of healthy growth in interest income and lower provisions. Its net interest income increased by 29% YoY to ₹1,213 crore. The company’s board also recommended a dividend of ₹1 per share for its shareholders.
Global markets (at 8:55 AM today)
| Indices | Today's movement |
| --
| --
- | --
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| SGX Nifty | ▼ 0.24% |
| Nikkei 225 (Japan) | ▼ 0.53% |
| Hang Seng (Hong Kong) | **▲**0.56% |
| SSE Composite (China) | ▼ 0.36% |
| Dow Jones (US) (April 25) | ▼ 1.02% |
| NYSE (US) (April 25) | ▼ 1.35% |
| Nasdaq (US) (April 25) | ▼ 1.98% |
| S&P 500 (US) (April 25) | ▼ 1.58% |
Fact of the day
Zomato and Zypp Electric partners to deploy one lakh electric scooters by 2024.