A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and finalize the results for Q3 / FY15.
As a testimony to the Company’s strategy – global presence, sharp brands and variable cost structure, Bajaj Auto improves its operating EBITDA margin from 20.2% in H1 / FY15 to an industry best margin of 21.1% in Q3 / FY15.
As a result, operating EBITDA crosses ` 1,200 crore.
The Company also bagged its 2nd highest Profit before tax of ` 1,256 crore and 2nd highest Profit after tax of ` 861 crore.
Motorcycles
Sold over 845,000 motorcycles in domestic and international markets
i. Pulsar, along with Avenger, globally ( domestic + exports ) sold over 234,000 units as against 214,000 units in Q3 / FY14, a growth of 9% Continues its dominance in the domestic market with a market share of ~45% Pulsar “ Adventure Sports ” and “ Super Sports ” models will be launched by end of Q4 / FY15.
ii. “Discover” sold over 209,000 units globally ( domestic + exports ) Discover 150, launched in mid-Q2 / FY15 in the domestic market, sold over 102,000 units.
iii. Platina recorded a growth of 5% in the domestic market; market share ~21% an all new Platina Electric Start was launched on 5th January 2015.
Source: Autobei
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