Bajaj Auto Q3 up 14.4% YoY at Rs 1,261 crore, beats estimates
Updated : January 30, 2020 02:13 PM IST
Revenue from operations rose 2.7 percent to Rs 7,640 crore from Rs 7,436 crore, YoY. Revenue was lower than CNBC-TV18 poll of Rs 7,747 crore.
EBITDA in Q3FY20 grew 12.8 percent to Rs 1,367.2 crore from Rs 1,212.5 crore in Q3FY19.
EBITDA margin expanded by 160 bps to 17.9 percent from 16.3 percent, YoY. This improvement was largely driven by a reduction in cost of material and an increase in prices.