Bajaj Auto Q3 Results: Net profit rises 3% to ₹2,108 crore, revenue up 6% YoY on robust exports | Stock Market News

Bajaj Auto Q3 Results: Pune-based two-wheeler major Bajaj Auto Ltd on Tuesday reported an XX% year-on-year surge in its consolidated net profit (attributable to owners of the company) for the fiscal’s third quarter ended December (Q3FY25) to ₹XX crore. The company had reported a profit of ₹XX crore in the year-ago period. Sequentially, the consolidated net profit was up XX%. Bajaj Auto shares ended 0.49% higher at ₹8,421.80 apiece on BSE.

Bajaj Auto’s consolidated revenue from operations stood at ₹XX crores during the quarter ended December (Q3FY25) from ₹XX crore in Q3FY24, a year-on-year rise of XX%. Sequentially, the revenue was up by XX%.

Sales in the domestic market declined 9 per cent year on year to ₹7,07,105 units as against 7,78,281 units in the year-ago period.

Exports, however, rose 22 per cent year on year to 5,17,367 units from 4,22,716 units in the December quarter of last fiscal.

The company said it has a robust balance sheet with surplus funds of over ₹15,001 crore after having infused capital of nearly ₹1,600 crore in the financing subsidiary and executing a capex of ₹450 crore in the year to date.

Bajaj’s domestic two-wheeler sales trailed the rest of the sector, dropping over 10% in the third quarter, with most segments, including its small-sized entry-level models and the KTM premium models, reporting a decline.

Bajaj’s exports jumped 22% in the quarter, boosting its overall sales to 42.3% from 35.2% a year before.

The firm’s margins on earnings before interest, taxes, depreciation, and amortization (EBITDA) remained flat year-over-year at 20.2%.

Rival TVS Motor Company earlier on Tuesday reported third-quarter profit that missed estimates as its two-wheeler sales grew at the slowest pace in more than a year, although improvement in a key profit margin metric sent its shares up about 5%.

Shares of the company ended 0.49 per cent up at ₹8,421.80 apiece on BSE.