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Bajaj Auto Share Price Rose 4.22%; Posts 6% YoY Revenue Growth in Q3 FY 2025 Results

Written by: Nikitha DeviUpdated on: Jan 29, 2025, 2:33 PM IST
Bajaj Auto share price rises 4.22%. Its Q3 FY25 results show 6% YoY revenue growth at ₹12,807 crores, with profits, steady margins, and notable progress in electric vehicles and exports.
Bajaj Auto Share Price Rose 4.22%; Posts 6% YoY Revenue Growth in Q3 FY 2025 Results
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Bajaj Auto Limited announced its unaudited consolidated financial results for the quarter ended December 31, 2024.

Post the announcement, on January 29, 2025, Bajaj Auto share price (NSE: BAJAJ-AUTO) opened at ₹8,420.15, up from its previous close of ₹8,398.40. At 9:44 AM, the share price of Bajaj Auto was trading at ₹8,752.85, up by 4.22% on the NSE.

Q3 FY 2025 Financial Highlights

The company’s revenue reached ₹12,807 crore, marking a 6% year-on-year (YoY) increase. The company stated that this growth was largely driven by strong export performance, a growing domestic Green Energy portfolio, and a record-breaking quarter in Spares.

Domestic sales benefited from the highest-ever festive retail volumes, though billed volumes were recalibrated to normalise channel inventory built up in the previous quarter. Exports also witnessed a broad-based recovery, with the company crossing the milestone of over 5,00,000 units after nine quarters.

Bajaj Auto continued its consistent profit growth, with EBITDA surpassing ₹2,500 crores and Profit After Tax (PAT) exceeding ₹2,000 crores. The company maintained an EBITDA margin of 20.2%, which was up by 10 basis points YoY. This stability was largely attributed to favourable USD/INR realisation and strong management of the P&L, including judicious pricing strategies and cost efficiencies.

Electric Vehicle Portfolio and Export Recovery

The company’s Green Energy portfolio led the charge in its domestic business, contributing 45% of total revenues, up from 30% in the previous year.

The electric vehicle (EV) segment showed remarkable progress, with Bajaj Auto delivering another quarter of ~1,00,000 electric two-wheelers (e2Ws) and electric three-wheelers (e3Ws). This achievement helped the company increase its share in these segments, moving from a loss to a marginally positive EBITDA.

Additionally, commercial vehicles (CVs) saw sustained growth, particularly in electric three-wheelers, which experienced a five-fold YoY increase in volumes. The company expanded its network of touchpoints from 600 to over 850, enhancing its path toward leadership in the EV segment.

Exports continued their recovery, with double-digit revenue growth for the fourth consecutive quarter, driven by solid performances in Africa, Asia, and LATAM, offsetting a decline in KTM exports. The company also witnessed a recovery in volumes in Nigeria, surpassing 1,00,000 units, further strengthening its international presence.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 29, 2025, 9:51 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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