Bajaj Auto achieved 10 pc growth in last 10 years

Bajaj

Highlights :

Bajaj Auto on Wednesday said that it has achieved 10 pc growth in the last ten years.
It posted revenue of ₹ 29,919 crore in 2019-2020
With operating EBITA margins of 17.6 % at ₹ 5,253 crore

Bajaj Auto on Wednesday said that it has achieved a compound annual growth rate (CAGR ) of 10 % in the last ten years, with revenue shooting up to ₹ 29,919 crore in 2019-2020.

Operating EBITA margins of 17.6 % at ₹ 5,253 crore and profit before tax of ₹ 6,580 crore.

After the announcement of corporate results for FY 2020, Bajaj Auto has emerged as the largest 2/3 wheeler manufacturer in the country measured in terms of revenue.

About Bajaj Auto :

Bajaj Auto Limited is an Indian global two-wheeler and three-wheeler manufacturing company based in Pune, Maharashtra.

It manufactures scooter, motorcycles and auto rickshaw.

Bajaj Auto is a part of Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s.

Bajaj Auto is the :

World's 3rd largest manufacturer of motorcycles and 2nd largest in India.
World's largest 3-wheeler manufacturer.

With the launch of motorcycles in 1986, the company changed its branding from scooter manufacturer to two-wheeler manufacturer.

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