Bajaj Auto Q4 Results: Net profit rises 6%, revenue driven by double-digit growth on premium motorcycles

Bajaj Auto’s net profit and revenue climbed on Thursday, May 29, driven by double-digit revenue growth on premium motorcycles, electric scooters and commercial vehicles and another solid volume-led export performance.

Its revenue from operation was seen at ₹12,147.97 crore during the reporting quarter, growing 5.77% from ₹11,484.68 crore in Q4 FY24.

The revenue missed double-digit growth due to the temporary suspension of KTM exports, the company said in a statement.

Its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 6.2% to ₹2,450.6 crore in Q4 FY25, in contrast to ₹2,306 crore in the same period last year.

Bajaj Auto reported a margin of 20.17% for the quarter as against 20.10% year-on-year (YoY). “Sequentially, better gross margin from favourable currency and cost reduction on the new Chetak platform. It took care of operating deleverage and higher discretionary spends, notably on brand investments and fixtures, among others,” the automaker said.

The company, which is part of the well-known Bajaj Group, is ranked as the world's fourth-largest three- and two-wheeler manufacturer.

Bajaj Auto’s board of directors has recommended a dividend at the rate of ₹210 per share (2100%) of a face value of ₹10 each on equity shares for the financial year ending 31 March 2025. The said dividend, if approved by the shareholders at the ensuing Annual General Meeting, will be credited on or around August 8, 2025, the company said.

“Balance sheet remains healthy as the track record of strong cash generation was maintained and an estimated ₹6,500 crores of free cash flow added. Surplus funds stood at a robust ~₹17,000 crores after investing sufficiently behind capex and strategic bets in subsidiary companies, alongside ~₹2,200 crores returned to shareholders via dividends,” Bajaj Auto said.

The firm said that its domestic motorcycle performance was relatively subdued during the quarter. “Strategic product interventions and decisive pricing actions were taken to restore growth momentum and market share, with encouraging early signs ever since that signal an improving position,” it added.

On Thursday, shares of Bajaj Auto settled at ₹8,899 apiece, rising 0.57% on the National Stock Exchange.

For Q4 FY25, the two- and three-wheeler manufacturers’ export volume grew approximately 20% YoY as countries across LatAm, Africa and Asia saw a broad-based step up during the quarter.

Bajaj Auto’s total sales declined 6% YoY to 365,810 units in April. The company had reported sales of 388,256 units in April last year.

Domestic sales declined 11% YoY to 220,615 units, as against 249,083 units in the year-ago period.