Bajaj Auto’s Q2FY25 Results
Bajaj Auto’s revenue grew 22% YoY
- 18 Oct 2024
- Bajaj Auto reported an 11% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22%.
- Its expenses for the quarter were up by 11% QoQ and 22% YoY.
- The net profit decreased 29% QoQ and 31% YoY.
- The earnings per share (EPS) of Bajaj Auto stood at 49.7 during Q1FY25.
Bajaj Auto’s Financial Statements for Q1FY25:
Total income | 11,207 | 12,267 | 13,647 | 11% | 22% |
Total expenses | 8,806 | 9,704 | 10,767 | 11% | 22% |
Profit before tax | 2,584 | 2,564 | 2,299 | -10% | -11% |
Tax | 564 | 622 | 914 | 47% | 62% |
Profit after tax | 2,020 | 1,942 | 1,385 | -29% | -31% |
Earnings per share | 71.4 | 69.6 | 49.7 |
Quarter Highlights (Standalone)
- Revenue Growth: Revenue surpassed ₹13,000 crores, up 22% YoY, driven by strong domestic performance and export recovery.
- EBITDA Record: EBITDA reached an all-time high of ₹2,653 crores, up 24% YoY, maintaining over 20% margins.
- PAT Milestone: Adjusted PAT hit a record of ₹2,216 crores, while reported PAT stood at ₹2,005 crores after-tax adjustments.
- Green Energy Growth: The green energy portfolio now contributes 40% to domestic revenues, with 100K electric vehicles sold in the quarter.
- Domestic Business: Domestic revenues hit new highs, marking 10 consecutive quarters of double-digit growth.
- Export Revenue: Export revenue grew in double digits, with LATAM achieving record sales and Pulsar’s highest-ever quarterly sales.
- Motorcycle Segment: Pulsar’s premiumisation drove double-digit growth, supported by the launch of the Freedom 125 CNG bike.
- Triumph Performance: Triumph volumes surged 50% QoQ, with new product launches and an extended dealer network.
- Commercial Vehicles: Commercial vehicle sales hit an all-time high of 140K units, with e3Ws reaching 35% market share.
- Chetak Electric Scooters: Chetak sales tripled YoY, capturing 21% market share in September, up from 11% in June.
- Cash Flow & Balance Sheet: Free Cash Flow increased by ₹2,000 crores, with surplus cash of ₹16,392 crores after strategic investments.
Commentary from Bajaj Auto Management:
- Festive Season Demand: Bajaj Auto's management noted that demand during the festive season has been below expectations.
- Retail Registrations: Retail registrations indicate muted demand in the first half of the festive period.
- Inventory Build-Up: Concerns have been raised about the build-up of inventory.
- Raw Material Costs: Rising raw material costs are adding to the pressure.
- Impact on Margins: Increased costs are expected to affect profit margins.
Data Source: BSE, Company announcements, CNBC TV 18 The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
FAQs
Bajaj Auto Ltd announced its Q1 FY 2025-26 results on 14 August, 2025.
Bajaj Auto Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
Key highlights of Bajaj Auto Ltd Q1 FY 2025-26 results include:
- Revenue: ₹13642.33 crore
- Net Profit: ₹2210.44 crore
- EBITDA: ₹3301.92 crore
- Year-over-Year Growth: 11.2%
- Quarter-over-Quarter Growth: 14.5%
Bajaj Auto Ltd reported a net profit of ₹2210.44 crore in Q1 FY 2025-26, reflecting a 13.8% year-over-year growth.
Bajaj Auto Ltd posted a revenue of ₹13642.33 crore in Q1 FY 2025-26.
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