Bajaj Auto Profit Up 6% on Premium Motorcycles Sales, Exports

Bajaj Auto Ltd. reported a 6% year-on-year increase in January–March quarter net profit to ₹20.5 billion, driven by growth in premium motorcycles, electric scooters, commercial vehicles, and exports. Revenue rose nearly 6% to ₹121.48 billion.

 

Other operating income surged 48% to ₹4.5 billion, and other income rose over 9% to ₹3.8 billion. EBITDA stood at ₹24.51 billion, with margin improving by 10 basis points to 20.2%.

 

Free cash flow for 2024–25 was ₹65 billion, raising total surplus to ₹170 billion.

 

Exports rose 20% year-on-year, led by Latin America, Africa, and Asia, though impacted by KTM’s temporary export halt. Domestic motorcycle sales were weak, but the Bajaj GoGo and Chetak e-scooter supported segment gains.

 

Total expenses rose 5.7% to ₹98.25 billion. The company curbed costs related to Chetak and discretionary branding, while currency appreciation aided margins.

 

For 2024–25, net profit rose nearly 9% to ₹81.51 billion, with revenue up almost 12% to ₹500.10 billion. A final dividend of ₹210 per share was approved.