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October to December 2024 · consolidated

Bajaj Auto Ltd. Q3 FY25 results

BAJAJ-AUTO · Automobile and Auto Components

Open the terminal
✓Clean on 7 checks7 of 19 checks ran · from the quarterly statements; filing read not yet in
Revenue₹13,169 cr▲ 8.3%on the year▼ 0.6%on the quarter
EBITDA₹2,751 cr▲ 13.9%on the yearmargin 20.9% (+104 bps)
Net profit₹2,196 cr▲ 8.0%on the year▲ 58.6%on the quarter
EPS₹78.62▲ 9.5%on the year

What changed

  1. Revenue ₹13,169 cr, +8.3% on the year; EBITDA margin 20.9%, +104 bps.
  2. Profit growth was earned in the business: reported +8.0%, core +9.4%.
  3. Every check that could run (7 of 19) came back quiet.

Questions to ask: none this quartereach one with its numbers and source

No check fired. That is a statement about the checks below, not a verdict on the company.

Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).

Where the profit change came fromDec '23 → Dec '24

₹2,033 crDec'23+₹336 crBusiness(EBITDA)−₹9.0 crDepreciation−₹108 crFinancecost−₹8.0 crOtherincome−₹50.4 crTax₹2,196 crDec'24Scale starts at ₹1,831 cr, not zero, so the changes are visible

Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.

Every quartersame rules, every quarter

Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue₹10,838 cr₹12,165 cr₹11,555 cr₹11,932 cr₹13,247 cr₹13,169 cr₹12,646 cr₹13,133 cr₹15,735 cr₹16,204 cr₹17,832 cr₹21,689 cr
YoY———+16%+22%+8%+9%+10%+19%+23%+41%+65%
EBITDA margin19.7%19.9%19.8%19.9%15.6%20.9%18.6%21.3%18.0%23.0%17.2%20.9%
Other income, % of PBT21%13%17%13%17%12%16%17%19%10%44%16%
Exceptional items————————————
Tax rate22%24%23%24%40%24%27%25%29%25%19%28%
Net profit₹2,020 cr₹2,033 cr₹2,011 cr₹1,942 cr₹1,385 cr₹2,196 cr₹1,802 cr₹2,210 cr₹2,122 cr₹2,750 cr₹3,492 cr₹3,189 cr
YoY———+18%−31%+8%−10%+14%+53%+25%+94%+44%
Core profit YoY———+22%−6%+9%−3%+10%+28%+30%+17%+52%
EPS₹71.39₹71.78₹72.05₹69.55₹49.61₹78.62₹64.52₹79.15₹75.99₹98.38₹131.02₹115.41
Flags···✓1✓✓✓1✓2✓

Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.

Alerts for Bajaj Auto Ltd.Only when its results land or a check fires. No more than three a day; a digest for the rest. One click to stop.

Questions people ask

What were Bajaj Auto Ltd. Q3 FY25 results?

Bajaj Auto Ltd. reported revenue of ₹13,169 cr (+8.3% on the year) and net profit of ₹2,196 cr (+8.0% on the year) for October to December 2024.

Was Bajaj Auto Ltd. profit growth driven by the core business?

Profit before other income, exceptional items and tax moved +9.4% on the year, against +8.0% for reported profit.

Are there any red flags in Bajaj Auto Ltd. Q3 FY25 results?

None of the 7 checks that could run raised a question.

Is this a recommendation?

No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.

Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.

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