India's 2nd largest two-wheeler company, Bajaj Auto has emerged as the most profitable automobile company in the world. The company which is also the world's 3rd largest recorded a turnover of Rs. 20,000 crore for FY 2011-12.
Bajaj Auto's operating profit before taxes and interest stood at Rs 4,000 crores which is about 20.2% making it the top in the automobile industry around the world. The company has also been bestowed with the company of the year award by Economic Times.
The operating profit of the company is almost two fold of other Indian companies. Bajaj Auto sold over 38 lakh units in 2011-12 fiscal.
The company also exports 36 per cent of its over all production making it the biggest two-wheeler exporter in terms of percentage of total production exported. Interestingly, Bajaj Auto is the market leader in 12 among 36 of its export markets.