Bajaj Auto Q4 net dips 45% to Rs 772 cr

Two-wheeler major Bajaj Auto today said its net profit declined 44.85% at Rs 772 crore for the fourth quarter ended March 31, 2012. The company had posted net profit of Rs 1,400 crore in Q4, 2010-11. Net sales of the company, however rose to Rs 4,515 crore for the fourth quarter, as compared to Rs 4,030 crore in the same period of previous fiscal.