On a standalone basis, the company reported a PAT of Rs 1,988 crore in Q1FY25, a 19% year-on-year (YoY) increase from Rs 1,665 crore.
The standalone revenue from operations stood at Rs 11,928 crore, up 16% over Rs 10,310 crore reported in the year-ago period.
Sequentially, standalone PAT was up 3% versus Rs 1,936 crore in Q4FY24, while the revenue grew 4% over Rs 11,485 crore in the January-March quarter.The earnings were announced during market hours and the stock jumped 2.5% to hit the day’s high of Rs 9,909.95 on the NSE.The company’s standalone Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at Rs 2,415 crore, up by 24% YoY, while tyre margins were up by 130 bps YoY to 20.2% for the reported quarter driven by better realisation and cost reduction which more than offset the drag from e2W business.
Bajaj Auto Q1 sales volume
The company sold 11,02,056 units in the April-June quarter which was 7% on a YoY basis. In the corresponding period of the previous financial period, the number of units sold were 10,27,407. On a sequential basis, it was a 3% uptick.
Bajaj Auto sold 9,50,917 two-wheelers in Q1FY25 versus 8,89,330 units, a 7% YoY growth. On the QoQ basis, it was 4% higher. The commercial vehicle sales jumped 9% YoY 1,51,139 units.
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.