Bajaj Auto has announced a 20% year-on-year (YoY) increase in its standalone net profit for the quarter ending September 30, reaching Rs. 1,836 crore. This is up from the Rs. 1,530 crore figure, during the same period last year. This impressive figure exceeded analysts' expectations, who had predicted a 14% rise to Rs. 1,782 crore. The company's revenue growth can be attributed to price hikes, product mixes, and falling commodity costs.
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