India’s second largest two wheeler producer Bajaj Auto Ltd. has declared its first quarter FY12 net profit of Rs/711 cr, a growth of 20.5% as compared to Rs.590 crore for the same period a year ago. Also, revenues increased 22% to Rs.4,777 cr in the quarter ended March 2011 versus Rs.3,890 crore in same period the previous year. However, operating profit margin too was quite a bit disappointing, ... [Continue Reading]