Bajaj Auto share price jumps nearly 5% on strong Q3 results; check key numbers

Shares of Bajaj Auto jumped nearly 4% on Wednesday as the company reported a strong third quarter on January 28.

In the early morning trade, shares of the company was at ₹8,731.75 a piece, surging 4.04% on BSE. On the 50-share index, the scrip was trading 4% higher.

The auto major posted an 8% jump in its consolidated net profit to ₹2,196 crore for the October-December quarter of the current fiscal (Q3 FY25) against ₹2,033 crore posted in the year-ago period. The auto major’s revenue from operations stood at ₹13,169 crore for the reporting quarter as compared to ₹12,165 crore in Q3 FY24.

The company said it sold a total of 12,24,472 units in the third quarter, up 2% against 12,00,997 units in the last fiscal. Its sales in the domestic market were down 9% year-on-year (YoY) at 7,07,105 units against 7,78,281 units in the year-ago period.

However, the company’s exports increased to 5,17,367 units, up 22% from 4,22,716 units in the December quarter of last fiscal.

The company said it has a robust balance sheet with surplus funds of over ₹15,001 crore after having infused capital of nearly ₹1,600 crore in the financing subsidiary and executing a capex of ₹450 crore in the year to date.

The auto major’s domestic two-wheeler sales trailed the rest of the sector, dropping over 10% during the reporting quarter. Most segments, including its small-sized entry-level models and the KTM premium models.

On a standalone basis, the company’s profit after tax (PAT) grew 3% to ₹2,109 crore and revenue increased to ₹12,807 crore, up 6%. The standalone Earnings Before Interest, Taxes, Depreciation, and Amortisation of the company for Q3 FY25 increased to ₹2,581 crore, up 6.2% as compared to ₹2,430 crore in the year-ago quarter. The EBITDA margin stood at 20.2% for Q3 FY25 as compared to 20.1% in Q3 FY24.