Two-wheeler manufacturer Bajaj Auto reported a 45% decline in net profit at Rs 772 crore for the quarter ended March 2012 as against Rs 1,400 crore in March 2011.
However, the total income was up 11% at Rs 4,791 crore while it was Rs 4,300 crore in March 2011.
Other income for the quarter dipped 10% to Rs 140 crore as compared to Rs 156 crore in the same period a year ago.
For the financial year ended March 2012, Bajaj Auto's net profit was down 12% at Rs 3,045 crore as compared to Rs 3,455 crore in FY11.
Total income increased 19% to Rs 20,201 crore from Rs 17,008 crore in FY11.
The company announced a dividend of Rs. 45 per share (450%).
Bajaj Auto's scrip on BSE was trading 1.4% down at Rs 1,593.
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