Bajaj Auto Q4 Results: Net profit rises 6% to ₹2,049 crore, revenue up 6% YoY; Dividend declared

Bajaj Auto Q4 Results: Bajaj Auto reported a rise of six per cent in net profit during the March quarter of FY25 to ₹2,049 crore, compared to ₹1,936 crore in the corresponding period last year. Higher motorcycle exports and foreign exchange gains made up for a slump in domestic demand.

The company sold a total of 11,02,934 units in the fourth quarter as against 10,68,576 units in January-March period of FY24. Sales in domestic market stood at 6,13,248 units, a dip of seven per cent as compared with 6,57,330 units in the same period of FY24. Exports however increased to 4,89,686 units from 4,11,246 units.

For FY25, the company reported a net profit of ₹7,325 crore, a fall of 5 per cent as against ₹7,708 crore in FY24. Revenue increased to ₹50,995 crore from ₹44,870 crore.

Bajaj Auto said its overall sales increased 7 per cent to 46,50,966 units in FY25 as against 43,50,933 units in FY24. Its board has approved a final dividend of ₹210 per share, totalling ₹5,864 crore.

The company's funds stood at a robust ₹17,000 crore, after investing sufficiently behind capex ( ₹700 crore) and strategic bets in subsidiary companies, it added.

Bajaj, India's top auto exporter by volume, reported a 20% jump in overseas shipments. In contrast, domestic sales fell 8%. Export growth and realisations could have been higher if not for the suspension of exports of higher-priced KTM motorcycles. Bajaj said last week it would take a controlling stake in the troubled Austrian automaker.

Bajaj's two-wheeler sales grew about 3%. Its overall sales, including three-wheelers, also climbed 3%. The company's quarterly revenue rose 6% to 121.48 billion rupees.

Earnings before interest, taxes, depreciation and amortisation margin rose to 20.2% from 20.1% a year ago. Bajaj Auto shares on Thursday ended 0.28 per cent up at ₹8,873.30 apiece on BSE.

Bajaj Auto stake in subsidiary

Bajaj Auto had said it intends to acquire majority stake in financially troubled Austrian bike maker KTM through its wholly-owned subsidiary Bajaj Auto International Holdings BV, which has arranged a debt funding package of 800 million euro (about ₹7,765 crore).

With this action and post requisite approvals coming through, Bajaj will shift gears from being a dormant minority investor to a majority owner in the global KTM company, Bajaj Auto said in a statement.

The company will continue to accelerate KTM business that is run out of India under the joint development programme, where it develops, makes and sells in India as well as exports to 80 countries across the KTM network, it added.

Bajaj Auto International Holdings BV (BAIHBV) had arranged a debt funding package of 800 million euro to enable the continuity of the KTM business by paying off the approved quota to the creditors in furtherance of KTM's debt restructuring with the approval of the competent Court in Austria and infusing funds into the company to revive its operations and working capital cycle, the statement said.

"Of this total 800 million (euro) debt package, 200 million (euro) has already been infused into the company so far and the balance 600 million (euro) is being done now," the company added.

This twin move of taking ownership, subject to approvals and paring down debt by providing liquidity at a crucial stage, positions Bajaj Auto as a driving force in shaping the future of KTM, one of the major high performance motorcycle companies in the world, it added.