Bajaj Auto Limited reported a strong performance in Q2 FY25, driven by robust domestic demand, efficient cost management, and a steady recovery in exports. Below are the detailed financial highlights for Q2 FY25, including comparisons on a quarterly (QoQ), yearly (YoY), and half-yearly (H1 YoY) basis.
QoQ Comparison (Q2 FY25 vs Q1 FY25)
| Particulars | Q1 FY25 | Q2 FY25 | Change (%) |
|---|---|---|---|
| Turnover | ₹12,249 Cr | ₹13,512 Cr | 10% |
| Revenue from Operations | ₹11,928 Cr | ₹13,127 Cr | 10% |
| EBITDA | ₹2,415 Cr | ₹2,653 Cr | 10% |
| EBITDA % | 20.2% | 20.2% | – |
| Profit Before Tax | ₹2,622 Cr | ₹2,925 Cr | 12% |
| Profit After Tax (prior to exceptional tax provision) | ₹2,216 Cr | ₹2,216 Cr | 0% |
| Profit After Tax | ₹1,988 Cr | ₹2,005 Cr | 1% |
YoY Comparison (Q2 FY25 vs Q2 FY24)
| Particulars | Q2 FY24 | Q2 FY25 | Change (%) |
|---|---|---|---|
| Turnover | ₹11,139 Cr | ₹13,512 Cr | 21% |
| Revenue from Operations | ₹10,777 Cr | ₹13,127 Cr | 22% |
| EBITDA | ₹2,133 Cr | ₹2,653 Cr | 24% |
| EBITDA % | 19.8% | 20.2% | +40 bps |
| Profit Before Tax | ₹2,400 Cr | ₹2,925 Cr | 22% |
| Profit After Tax (prior to exceptional tax provision) | ₹1,836 Cr | ₹2,216 Cr | 21% |
| Profit After Tax | ₹1,836 Cr | ₹2,005 Cr | 9% |
H1 YoY Comparison (H1 FY25 vs H1 FY24)
| Particulars | H1 FY24 | H1 FY25 | Change (%) |
|---|---|---|---|
| Turnover | ₹21,795 Cr | ₹25,761 Cr | 18% |
| Revenue from Operations | ₹21,087 Cr | ₹25,055 Cr | 19% |
| EBITDA | ₹4,088 Cr | ₹5,069 Cr | 24% |
| EBITDA % | 19.4% | 20.2% | +80 bps |
| Profit Before Tax | ₹4,605 Cr | ₹5,547 Cr | 20% |
| Profit After Tax (prior to exceptional tax provision) | ₹3,501 Cr | ₹4,205 Cr | 20% |
| Profit After Tax | ₹3,501 Cr | ₹3,993 Cr | 14% |
Summary:
- Revenue: Bajaj Auto’s revenue from operations in Q2 FY25 increased by 22% YoY, reaching ₹13,127 crore compared to ₹10,777 crore in Q2 FY24.
- Profit Growth: The company posted a 9% rise in net profit at ₹2,005 crore compared to ₹1,836 crore in Q2 FY24.
- EBITDA: The company saw a 24% YoY increase in EBITDA at ₹2,653 crore, with a strong EBITDA margin of 20.2%.
- H1 FY25: For the first half of FY25, Bajaj Auto recorded a 19% YoY growth in revenue from operations and a 14% increase in net profit.
This performance highlights Bajaj Auto’s resilience and strategic management, with continued focus on both domestic and export markets.