{"id":8244,"date":"2020-07-22T09:39:16","date_gmt":"2020-07-22T09:39:16","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=8244"},"modified":"2020-07-22T09:39:16","modified_gmt":"2020-07-22T09:39:16","slug":"bajaj-auto-q1-profit-plunges-61-to-rs-395-51-crore","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=8244","title":{"rendered":"Bajaj Auto Q1 profit plunges 61% to Rs 395.51 crore"},"content":{"rendered":"<p><\/p>\n<div>\n<section class=\"_2suu5 _24fIT clearfix  undefined undefined \">\n<div class=\"_3v5m2 image_wrapper \">\n<div class=\"_2gIK-\"><img decoding=\"async\" src=\"https:\/\/static.toiimg.com\/thumb\/msid-77103923,imgsize-1450134,width-400,resizemode-4\/77103923.jpg\" alt=\"\" title=\"(File photo)\"\/><\/div>\n<\/div>\n<\/section>\n<p><span class=\"_3sXlO _1Ee83 img_cptn\">(File photo)<\/span><\/p>\n<p>NEW DELHI: <!-- -->Bajaj Auto<!-- --> on Wednesday posted a 60.92 per cent decline in its consolidated net profit at Rs 395.51 crore for the first quarter ended June 30. <br \/>The company had posted a net profit of Rs 1,012.17 crore during the same period of the previous fiscal. <br \/>Its total revenue from operations fell to Rs 3,079.24 crore for the April-June period, down 60.29 per cent, from Rs 7,755.82 crore in the same period of 2019-20 fiscal, Bajaj Auto said in a regulatory filing. <br \/>Bajaj Auto said it sold 4,43,103 units during the first quarter against 12,47,174 units in the year-ago period. <br \/>The company said fiscal 2020-21 &#8220;has been an extremely challenging quarter due to the unprecedented COVID-19 pandemic. Lockdown and other containment\/precautionary measures have resulted in disrupted supply lines and a sharp decline in overall demand&#8221;. <br \/>Shares of the company were trading at Rs 2,961 apiece, down 1.44 per cent from its previous close on the BSE. <\/p>\n<\/div>\n<p><a href=\\\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/bajaj-auto-q1-profit-plunges-61-to-rs-395-51-crore\/articleshow\/77103938.cms\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(File photo) NEW DELHI: Bajaj Auto on Wednesday posted a 60.92 per cent decline in its consolidated net profit at Rs 395.51 crore for the first quarter ended June 30. The company had posted a net profit of Rs 1,012.17 crore during the same period of the previous fiscal. Its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8245,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-8244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/07\/1595410757_photo.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/8244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8244"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/8244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/8245"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}