NEW DELHI: on Thursday reported doubling of profit after tax (PAT) to Rs 1,061 crore for June quarter compared with a profit of Rs 528 crore in the same quarter last year.
Profit, however, fell 20 per cent sequentially, as the recovery over the three-month period was undone by partial lockdowns due to second Covid wave, the two-wheeler maker said in a BSE filing.
Revenue from operations soared 139.88 per cent to Rs 7,386 crore from Rs 3,079 crore in the year-ago quarter. Revenues fell 14 per cent sequentially.
Ebitda margin for the quarter came in at 15.6 per cent, which was 250 basis points lower than March quarter’s 18.1 per cent, but was higher than the year-ago’s 14.3 per cent.
…More to come
