Below are the consolidated highlights – Q3 FY23:
Bajaj Auto’s EBITDA (standalone) was highest ever yet again in Q3 FY23, surpassing the record set in the previous quarter.
Bajaj Auto (consolidated) profit after tax stood at ₹ 1,473 crore in Q3 FY23 (excluding its share in results of Pierer Bajaj AG, an associate – Refer note 4 to the consolidated financial results of BHIL) v/s ₹ 1,430 crore in Q3 FY22.
BFS (consolidated) profit after tax increased by 42% to highest ever yet again of ₹ 1,782 crore in Q3 FY23 v/s ₹ 1,256 crore in Q3 FY22, mainly aided by strong performance of BFL. c. Maharashtra Scooters Ltd. profit after tax stood at ₹ 3.01 crore in Q3 FY23 v/s ₹ 3.30 crore in Q3 FY22.
Consequently, BHIL’s consolidated profit after tax increased by 24% to ₹ 1,286 crore in Q3 FY23 v/s ₹ 1,040 crore in Q3 FY22.