Business

Bajaj Auto's net earnings for third quarter of current fiscal reported a declineNew Delhi: Bajaj Auto on Wednesday reported a 17 percent decline in its consolidated revenue after tax to Rs 1,430 crore for the 3rd quarter ended December 2021 on account of lower sales.The company had published a consolidated revenue after tax of Rs 1,716 crore in the October-December duration of 2020-21 fiscal.Total earnings from operations, nevertheless, rose to Rs 9,022 crore throughout the third quarter as versus Rs 8,910 crore in the matching period of previous financial, Bajaj Car stated in a statement.The Pune-based business's total volumes throughout classifications declined by 10 per cent to 11,81,361 systems in the third quarter as compared to 13,06,810 systems in the same duration of previous fiscal.





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