BAJAJ AUTO LIMITED - Quarterly Result Update Q4'25

$BAJAJ-AUTO Bajaj Auto Q4 results: Sales up 9.45%, while NP down 10.42% , in line with street’s estimates. On consolidated basis. Quarter ended March 2025 compared with Quarter ended March 2024. Net sales (including other operating income) of Bajaj Auto has increased 9.45% to Rs 12646.32 crore. Sales of Automotive segment has gone up 6.02% to Rs 12,221.65 crore (accounting for 93.73% of total sales). Sales of Investments segment has gone up 0.79% to Rs 373.10 crore (accounting for 2.86% of total sales). Sales of Financing segment rose 2,565.47% to Rs 443.80 crore (accounting for 3.40% of total sales). Profit before interest, tax and other unallocable items (PBIT) has slumped 5.08% to Rs 2,501.42 crore. PBIT of Automotive segment fell 10.93% to Rs 2,040.68 crore (accounting for 81.58% of total PBIT). PBIT of Investments segment rose 0.74% to Rs 372.42 crore (accounting for 14.89% of total PBIT). PBIT of Financing reported profit of Rs 88.32 crore compared to loss of Rs 25.35 crore. PBIT margin of Automotive segment fell from 19.87% to 16.70%. PBIT margin of Investments segment fell from 99.88% to 99.82%. PBIT margin of Financing segment rose from negative 152.25% to 19.90%. Overall PBIT margin fell from 22.12% to 19.18%. Operating profit margin has jumped from 19.77% to 21.29%, leading to 17.89% rise in operating profit to Rs 2,692.93 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 64.16% to 60.72%. Purchase of finished goods cost rose from 6.26% to 6.41%. Employee cost increased from 3.62% to 3.76%. Other expenses rose from 6.31% to 7.75%. Preoperation capitalised expenses rose from 0.13% to 0.48%. Other income rose 8.96% to Rs 392.23 crore. PBIDT rose 16.67% to Rs 3085.16 crore. Provision for interest rose 394.50% to Rs 146.52 crore. Loan funds rose to Rs 9,364.16 crore as of 31 March 2025 from Rs 1,911.74 crore as of 31 March 2024.