Indian auto major, Bajaj Auto has said that its net profit rose 1 per cent to Rs 718 crore for the quarter till June 2012 compared to same month in the previous month.
The rise in net profit in generally in line with the analyst expectations of Rs 712 crore during the quarter. The net sales of the country's second largest two-wheeler rose 4 per cent to Rs 4,714 crore from Rs 4,535 during the same period in the previous year.
Company's total income stood at Rs 4,865 crore in the June quarter, which is higher than expectations of Rs 4,811 crore. Its other income rose by 26.4 per cent to Rs 182 crore from Rs 144 crore in the same quarter of 2011.
The company's EBITDA margin increased 30 basis points to 19.4 per cent in the first quarter of the 2012-2013 compared to 19.1 per cent in same quarter of the previous year. The company officials said that the disruptions in exports and rising input costs have affected the company earnings during the quarter.
The shares of the company fell 0.9 per cent to Rs 1,432 on the domestic stock exchange.