Bajaj Auto Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	603,864	492,670	437,821	353,915	321,360
Other Revenue	32,410	25,939	23,792	19,335	21,515
Revenue	636,274	518,609	461,613	373,250	342,874
Revenue Growth (YoY)	22.69%	12.35%	23.67%	8.86%	18.41%
Cost of Revenue	425,346	353,663	320,379	262,727	244,781
Gross Profit	210,928	164,946	141,234	110,523	98,093
Selling, General & Admin	32,938	25,269	21,783	19,054	15,935
Other Operating Expenses	27,735	20,137	17,470	17,072	17,272
Operating Expenses	67,220	49,596	43,030	38,965	35,885
Operating Income	143,708	115,350	98,204	71,559	62,208
Interest Expense	-11,676	-3,889	-603.6	-395.1	-86.6
Earnings From Equity Investments	5,607	-9,155	2,676	5,293	5,795
Currency Exchange Gain (Loss)	1,867	-129.5	90.9	976.9	302.7
Other Non Operating Income (Expenses)	-9.9	-	-	-	-
EBT Excluding Unusual Items	139,496	102,177	100,367	77,433	68,220
Gain (Loss) on Sale of Assets	402.2	55.8	27.5	974.5	127.1
Other Unusual Items	-392.1	-	-	-	8,165
Pretax Income	139,515	102,235	100,400	78,420	76,517
Income Tax Expense	33,770	28,988	23,318	17,818	14,858
Earnings From Continuing Operations	105,745	73,247	77,082	60,602	61,659
Minority Interest in Earnings	1,697	-	-	-	-
Net Income	107,442	73,247	77,082	60,602	61,659
Net Income to Common	107,442	73,247	77,082	60,602	61,659
Net Income Growth	46.68%	-4.98%	27.19%	-1.71%	26.95%
Shares Outstanding (Basic)	279	279	283	285	289
Shares Outstanding (Diluted)	280	280	283	285	289
Shares Change (YoY)	-0.04%	-1.19%	-0.78%	-1.36%	-0.03%
EPS (Basic)	384.96	262.44	272.67	212.48	213.24
EPS (Diluted)	384.40	262.00	272.40	212.48	213.24
EPS Growth	46.72%	-3.82%	28.20%	-0.36%	26.99%
Free Cash Flow	20,362	-22,191	58,451	42,030	36,465
Free Cash Flow Per Share	72.85	-79.36	206.56	147.37	126.11
Dividend Per Share	150.000	210.000	80.000	140.000	140.000
Dividend Growth	-28.57%	162.50%	-42.86%	-	-
Gross Margin	33.15%	31.80%	30.60%	29.61%	28.61%
Operating Margin	22.59%	22.24%	21.27%	19.17%	18.14%
Profit Margin	16.89%	14.12%	16.70%	16.24%	17.98%
Free Cash Flow Margin	3.20%	-4.28%	12.66%	11.26%	10.63%
EBITDA	149,377	119,445	101,848	74,417	64,906
EBITDA Margin	23.48%	23.03%	22.06%	19.94%	18.93%
D&A For EBITDA	5,669	4,094	3,644	2,859	2,698
EBIT	143,708	115,350	98,204	71,559	62,208
EBIT Margin	22.59%	22.24%	21.27%	19.17%	18.14%
Effective Tax Rate	24.20%	28.35%	23.23%	22.72%	19.42%
Revenue as Reported	650,872	524,690	463,065	376,429	344,289
Advertising Expenses	7,758	5,754	5,281	4,017	2,111