More Stories

Informist, Wednesday, Aug. 6, 2025

 

Please click here to read all liners published on this story

--Bajaj Auto Apr-Jun net profit INR 20.96 bln
--Analysts saw Bajaj Auto Apr-Jun net profit at INR 20.28 bln
--Bajaj Auto Apr-Jun net profit INR 20.96 bln vs INR 19.88 bln year ago
--Bajaj Auto Apr-Jun revenue INR 125.84 bln vs INR 119.28 bln year ago
--Bajaj Auto Apr-Jun EBITDA INR 24.82 bln vs INR 24.15 bln year ago
--Bajaj Auto Apr-Jun EBITDA margin 19.7% vs 20.2% year ago
--Bajaj Auto: Surplus funds at INR 167.26 bln as on Jun 30

 

By Narayana Krishna and Anand JC

 

HYDERABAD/NEW DELHI – Growth in exports and higher demand for premium motorcycles, commercial vehicles and the electric Chetak helped Bajaj Auto Ltd. report better-than-expected earnings for the June quarter. The company beat analysts' estimates in terms of net profit, revenue, and core operating profit on a year-on-year basis.

 

The Pune-based two-wheeler and three-wheeler maker on Wednesday reported a net profit of INR 20.96 billion, up 5.4% on year and 2.3% on quarter. Analysts had estimated Bajaj Auto's June quarter net profit at INR 20.28 billion, with a 2% on-year growth. The company's revenue for the quarter was up 5.50% on year and 3.6% on quarter at INR 125.84 billion, above analysts' estimates of INR 123.1 billion. Though the June quarter numbers beat Street estimates, the net profit and revenue growth figures were well below the 19.44% and 14.92% rise, respectively, reported in the year-ago period.

 

"The balanced business model was at play, as resurgent exports and scaling up of the emerging electric portfolio more than made up for the domestic motorcycle performance, which, although improving over the previous quarter, had a subduing effect on overall growth," the company said in a press release.

 

Bajaj Auto reported its earnings before interest, tax, depreciation, and amortisation, or EBITDA, for the June quarter at INR 24.82 billion against INR 24.15 billion a year ago. This was below the EBITDA estimate of INR 24.6 billion for Apr-Jun.

 

Bajaj Auto reported an EBITDA margin of 19.7% against 20.2% a year ago, a decline of 50 basis points, mainly on account of lower rupee realisation during the quarter. However, an improved product mix and operating leverage offset the impact of commodity inflation in the quarter, Bajaj Auto said.

 

In the latest quarter, Bajaj Auto's total expenses grew 6.24% on year to INR 102.27 billion. Of this, other expenses were INR 8.50 billion, up 16.13% on year. Raw material costs increased 7.66% on year to INR 80.92 billion. 

 

"Balance sheet remains healthy and track record of free cash flow generation sustained," Bajaj Auto said in a statement. The company added INR 12 billion in cash during the reporting quarter. Surplus funds stood at INR 167.26 billion following the infusion of INR 3 billion into Bajaj Auto Credit and INR 15.25 billion into Bajaj Auto International Holdings BV, Netherlands, which was used to partly fund its purchase of KTM Austria.

Double-digit growth in premium motorcycles, commercial vehicles and Chetak electric scooter helped the company drive the highest-ever Apr-Jun revenue in domestic operations, Bajaj Auto said. Motorcycle volumes in India grew in double digits on a quarter-on-quarter basis, it added. "Purposeful and impactful activation enabled a bigger quarter despite weak entry-level segment sales, and a share gaining performance in the seasonal marriage markets for the key 125cc+ segment," Bajaj Auto said.

 

The revenue share of electric vehicles in total domestic revenue increased to over 20%, higher than the early-teens share a year ago. The growth in electric vehicles is despite the supply disruption arising from the unavailability of rare earth magnets, which started to surface later in the quarter, Bajaj Auto said. Retail volumes of the electric Chetak more than doubled year-on-year during the quarter.

 

At 1428 IST, shares of Bajaj Auto traded down 0.46% at INR 8,192.50 the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.