Bajaj Auto announces steady performance; stock drops

Bajaj Auto has reported a a net profit of Rs 7183.90 million for the quarter ended June 30, 2012 as compared to Rs 7110.60 million for the quarter ended June 30, 2011.

Total income has increased from Rs 48503.80 million for the quarter ended June 30, 2011 to Rs 50476.30 million for the quarter ended June 30, 2012.

The shares of the company was marginally down by 0.50% at 11.45 am IST.

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