Bajaj Auto Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Bajaj Auto Ltd reported a 1.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
- Its expenses for the quarter were down by 1.2% QoQ and up 8.0% YoY.
- The net profit increased 58.5% QoQ and increased 8.0% YoY.
- The earnings per share (EPS) of Bajaj Auto Ltd stood at 78.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 13516.41 | 13646.61 | 12521.66 | -1.0% | 7.9% |
Total Expenses | 10639.98 | 10767.22 | 9855.44 | -1.2% | 8.0% |
Profit Before Tax | 2876.43 | 2879.39 | 2666.22 | -0.1% | 7.9% |
Tax | 680.78 | 913.65 | 633.60 | -25.5% | 7.4% |
Profit After Tax | 2195.65 | 1385.44 | 2032.62 | 58.5% | 8.0% |
Earnings Per Share | 78.70 | 49.70 | 71.90 | 58.4% | 9.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bajaj Auto Ltd is a prominent player in the automotive industry, primarily known for manufacturing two-wheelers and three-wheelers. The company holds a significant position in both domestic and international markets, offering a wide range of motorcycles, scooters, and autorickshaws. Bajaj Auto's focus on innovation and technology has enabled it to establish a strong brand presence across various segments, including sports, commuter, and premium motorcycles. The company has been actively expanding its footprint in emerging markets, while also strengthening its product portfolio to cater to diverse consumer preferences. Recent developments include efforts to enhance electric vehicle offerings and strategic partnerships to boost market penetration.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Bajaj Auto Ltd reported a total income of ₹13,516.41 crores. Compared to the previous quarter (Q2FY25), where total income stood at ₹13,646.61 crores, there was a slight decline of 1.0%. However, on a year-over-year basis, the company experienced a growth of 7.9%, as the total income for the third quarter of the previous fiscal year (Q3FY24) was ₹12,521.66 crores. This indicates an upward trend in revenue generation over the past year, reflecting the company's ability to sustain growth despite quarterly fluctuations.
Profitability
For Q3FY25, Bajaj Auto Ltd recorded a Profit Before Tax (PBT) of ₹2,876.43 crores, which shows a marginal decrease of 0.1% from the previous quarter's PBT of ₹2,879.39 crores. Year-over-year, there was a 7.9% increase compared to the PBT of ₹2,666.22 crores in Q3FY24. The company's Profit After Tax (PAT) for Q3FY25 was ₹2,195.65 crores, marking a significant quarter-over-quarter increase of 58.5% from ₹1,385.44 crores in Q2FY25, and an 8.0% year-over-year increase from ₹2,032.62 crores in Q3FY24. This substantial rise in PAT is reflected in the Earnings Per Share (EPS), which increased by 58.4% QoQ and 9.5% YoY, reaching ₹78.70 in Q3FY25.
Operating Metrics
Bajaj Auto Ltd's total expenses for Q3FY25 were ₹10,639.98 crores, a decrease of 1.2% compared to ₹10,767.22 crores in Q2FY25. Year-over-year, expenses increased by 8.0% from ₹9,855.44 crores in Q3FY24. The tax outlay for the current quarter was significantly reduced by 25.5% from the previous quarter, amounting to ₹680.78 crores, compared to ₹913.65 crores in Q2FY25. However, on a year-over-year basis, the tax paid increased by 7.4% from ₹633.60 crores in Q3FY24. These figures reflect the company's operational efficiency and its ability to manage costs effectively while navigating tax obligations.
