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Refile: India's Bajaj Auto posts quarterly profit rise on strong export demand

REFILE-India's Bajaj Auto posts quarterly profit rise on strong export demand

Corrects dateline to say July 21, not July 16; adds Reuters

- Indian automaker Bajaj Auto BAJA.NS reported a 42.3% higher first-quarter profit on Tuesday on strong strong domestic and overseas demand and gains from favourable currency movements.

The Pulsar motorcycle manufacturer's profit rose to 29.83 billion Indian rupees ($299.62 million) in the quarter ended June 30.

($1 = 96.2225 Indian rupees)


(Reporting by Mridula Kumar in Bengaluru; Editing by Nivedita Bhattacharjee)

((mridula.kumar@thomsonreuters.com))

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