Bajaj Auto posts better-than-expected profit on tax cuts, lower costs

Benign raw material costs, improving demand to help profit margins

MUMBAI (NewsRise) -- Bajaj Auto reported a better-than-expected 22% jump in second-quarter net profit as a tax cut and lower costs helped the two-wheeler maker buck a slowdown gripping India's automobile market.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.