Holding Companies firm Bajaj Holdings & Investment Announced Q1FY23 Result :
- Bajaj Auto (consolidated) profit after tax decreased to Rs 1,163 crore in Q1 FY23 (excluding its share in results of Pierer Bajaj AG, an associate - Refer note 4 to the consolidated financial results of BHIL) v/s Rs 1,170 crore in Q1 FY22.
- BFS (consolid ated) profit after tax increased by 57% to Rs 1,309 crore in Q1 FY23 v/s Rs 833 crore in Q1 FY22 mainly on account of significant outperformance by Bajaj Finance.
- Maharashtra Scooters Ltd. profit after tax stood at Rs 1.43 crore in Q1 FY23 v/s Rs 2.14 crore in Q1 FY22.
- Consequently, BHIL's consolidated profit after tax increased by 24% to Rs 969 crore in Q1 FY23 v/s Rs 779 crore in Q1 FY22.