Bajaj Auto Ltd  reported a consolidated net profit of Rs 2,011.43 crore for the fourth quarter of FY2023-24. The Pune-based company’s profit was up from Rs 1,704.74 crore reported during the same period last year.

The homegrown two- and three-wheeler manufacturer posted revenue of Rs 11,554.95 crore for the January-March quarter this year, up from Rs 9,192.73 crore during the same period last year.

The company's total income for Q4 was Rs 11,914.94 crore, up 29.6 percent from Rs 9,192.73 crore during the same period last year.

The automaker's board also approved a dividend at the rate Rs 80 per share (800 percent) of face value of Rs 10 each on equity shares for the financial year ended 31 March 2024, the filing said.

Analysts projected a profit of Rs 1,816 crore on revenue of Rs 11,096 crore.