Bajaj Auto Q1 Results Highlights: Net profit rises 19.5% YoY to ₹1,988.4 crore, revenue up 15.6%

• Revenue from operations rises 15.6% YoY to ₹11,928 crore
• Net profit surges 19.5% YoY to ₹1,988.4 crore
• EBITDA growths 24% YoY to ₹2,415 crore
• EBITDA Margin up 20.2%

Bajaj Auto's board has approved the appointment of Sangita Reddy as an additional Director (Non-executive Independent Director) of the company for a term of five years with effect from July 16, 2024.

In motorcycles, Pulsar's premiumiation led it to deliver among its strongest quarters, retaining the double digit growth trajectory.

In an exchange filing, Bajaj Auto said that its "exports revenue grew double-digit YoY with LATAM (Latin America) clocking its highest ever and an uptick in Asia alleviating challenges in Africa".

• Niraj R Bajaj, Chairman
• Rajiv Bajaj, Managing Director
• Pradeep Shrivastava, Executive Director
• Rakesh Sharma, Executive Director
• Ramtilak Ananthan, Chief Technology Officer
• S Ravikumar, Chief Business Development Officer
• Amitabh Lal Das, General Counsel
• Dinesh Thapar, Chief Financial Officer
• Rajiv Gandhi, Company Secretary
• Ravi Kyran Ramasamy, Chief Human Resources Officer
• Kevin P D'sa, President (Retail Finance)
• Eric Vas, President (Urbanite Business)
• Sarang Kanade, President (Motorcycle Business)
• Sumeet Narang, President (Probiking)
• K S Grihapathy, President (Exports Business)
• Samardeep Subandh, President (Intra-City Business)
• C P Tripathi, Advisor (Corporate Social Responsibility)

• Niraj R Bajaj, Chairman
• Rajiv Bajaj, Managing Director
• Pradeep Shrivastava, Executive Director
• Rakesh Sharma, Executive Director
• Sanjiv Bajaj, Director
• Abhinav Bindra, Independent Director
• Anami Roy, Independent Director
• Dr Naushad Forbes, Independent Director
• Pradip Shah, Independent Director
• Vinita Bali, Independent Director

• Current price: ₹9,678.9
• Open: ₹9,715
• High: ₹9,764.1
• Low: ₹9,633.6
• Previous close: ₹9,673.3

In Q4 FY24, the company's net profit jumped 35.1% year-on-year (YoY) to ₹1,936 crore. The revenue also increased 29% YoY to ₹11,485 crore.

Apart from Bajaj Auto, other companies that will also release their Q1 FY25 results today include L&T Finance, Crisil, Century Textiles & Industries, DB Corp, Aditya Birla Money, Jubilant Ingrevia, Himadri Speciality Chemical, Alok Industries, Just Dial, M M Forgings, Agro Tech Foods Network18 Media & Investments and TV18 Broadcast.