Bajaj Auto Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	554,830	492,670	437,821	353,915	321,360	271,329
Other Revenue	35,409	25,939	23,792	19,335	21,515	18,246
Revenue	590,238	518,609	461,613	373,250	342,874	289,575
Revenue Growth (YoY)	15.28%	12.35%	23.67%	8.86%	18.41%	-7.61%
Cost of Revenue	386,436	353,663	320,379	262,727	244,781	197,142
Gross Profit	203,802	164,946	141,234	110,523	98,093	92,433
Selling, General & Admin	26,396	25,269	21,783	19,054	15,935	15,968
Other Operating Expenses	31,322	20,090	17,470	17,072	17,272	14,124
Operating Expenses	62,516	49,549	43,030	38,965	35,885	32,679
Operating Income	141,287	115,397	98,204	71,559	62,208	59,754
Interest Expense	-9,708	-3,889	-603.6	-395.1	-86.6	-66.6
Earnings From Equity Investments	-9,697	-9,155	2,676	5,293	5,795	3,063
Currency Exchange Gain (Loss)	-129.5	-129.5	90.9	976.9	302.7	-227.3
EBT Excluding Unusual Items	121,753	102,224	100,367	77,433	68,220	62,523
Gain (Loss) on Sale of Assets	8.8	8.8	27.5	974.5	127.1	-111.6
Other Unusual Items	-767.3	-	-	-	8,165	-
Pretax Income	120,997	102,235	100,400	78,420	76,517	62,414
Income Tax Expense	32,156	28,988	23,318	17,818	14,858	13,844
Earnings From Continuing Operations	88,841	73,247	77,082	60,602	61,659	48,570
Net Income	88,841	73,247	77,082	60,602	61,659	48,570
Net Income to Common	88,841	73,247	77,082	60,602	61,659	48,570
Net Income Growth	17.92%	-4.98%	27.19%	-1.71%	26.95%	-6.81%
Shares Outstanding (Basic)	279	279	283	285	289	289
Shares Outstanding (Diluted)	279	280	283	285	289	289
Shares Change (YoY)	-0.23%	-1.19%	-0.78%	-1.36%	-0.03%	-0.01%
EPS (Basic)	318.33	262.44	272.67	212.48	213.24	167.92
EPS (Diluted)	317.99	262.00	272.40	212.48	213.24	167.92
EPS Growth	18.20%	-3.82%	28.20%	-0.36%	26.99%	-6.80%
Free Cash Flow	-	-22,191	58,451	42,030	36,465	28,758
Free Cash Flow Per Share	-	-79.36	206.56	147.37	126.11	99.42
Dividend Per Share	-	210.000	80.000	140.000	140.000	140.000
Dividend Growth	-	162.50%	-42.86%	-	-	16.67%
Gross Margin	34.53%	31.80%	30.60%	29.61%	28.61%	31.92%
Operating Margin	23.94%	22.25%	21.27%	19.17%	18.14%	20.64%
Profit Margin	15.05%	14.12%	16.70%	16.24%	17.98%	16.77%
Free Cash Flow Margin	-	-4.28%	12.66%	11.26%	10.63%	9.93%
EBITDA	145,754	119,511	101,848	74,417	64,906	62,348
EBITDA Margin	24.69%	23.04%	22.06%	19.94%	18.93%	21.53%
D&A For EBITDA	4,467	4,114	3,644	2,859	2,698	2,594
EBIT	141,287	115,397	98,204	71,559	62,208	59,754
EBIT Margin	23.94%	22.25%	21.27%	19.17%	18.14%	20.64%
Effective Tax Rate	26.58%	28.35%	23.23%	22.72%	19.42%	22.18%
Revenue as Reported	596,319	524,690	463,065	376,429	344,289	290,175
Advertising Expenses	-	5,754	5,281	4,017	2,111	2,903

Source: S&P Global Market Intelligence. Standard template. Financial Sources.