1 week ago
HomeMarket NewsBajaj Auto Q1 Results: Revenue, margins fare better against muted estimates
For the quarter, Bajaj Auto's volumes increased by 1% from last year as well as on a sequential basis.
Shares of Bajaj Auto Ltd., the two and three-wheeler manufacturer reported results for the June quarter, that were marginally better against the already muted expectations.
Net profit for the period increased by 5.4% from the same quarter last year to ₹2,096 crore, while a CNBC-TV18 poll was working with an estimate of ₹2,019 crore.
Revenue during the June quarter increased by 5.5% from the year-ago period to ₹12,584 crore, higher than the CNBC-TV18 poll of ₹12,218 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹2,481 crore, which is marginally higher than the ₹2,413 crore estimate, and 2.7% higher on a year-on-year basis.
On expected lines, margins narrowed by 60 basis points to 19.7% from 20.3% last year, which was in-line with expectations of 19.7% as well.
For the quarter, Bajaj Auto's volumes increased by 1% from last year as well as on a sequential basis.
Shares of Bajaj Auto have reversed post-result gains, currently trading 0.5% lower at ₹8,192. The stock is down 6.2% so far in 2025.
