Bajaj Auto Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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	773,597	603,864	492,670	437,821	353,915	321,360
Other Revenue	43,683	32,410	25,939	23,792	19,335	21,515
Revenue	817,279	636,274	518,609	461,613	373,250	342,874
Revenue Growth	46.20%	22.69%	12.35%	23.67%	8.86%	18.41%
Cost of Revenue	539,404	425,346	353,663	320,379	262,727	244,781
Gross Profit	277,875	210,928	164,946	141,234	110,523	98,093
Selling, General & Admin	50,068	32,938	25,269	21,783	19,054	15,935
Other Operating Expenses	43,577	27,012	20,090	17,470	17,072	17,272
Operating Expenses	105,966	66,498	49,549	43,030	38,965	35,885
Operating Income	171,909	144,431	115,397	98,204	71,559	62,208
Interest Expense	-15,130	-11,676	-3,889	-603.6	-395.1	-86.6
Earnings From Equity Investments	12,322	5,607	-9,155	2,676	5,293	5,795
Currency Exchange Gain (Loss)	1,867	1,867	-129.5	90.9	976.9	302.7
Other Non Operating Income (Expenses)	-9.9	-9.9	-	-	-	-
EBT Excluding Unusual Items	170,958	140,219	102,224	100,367	77,433	68,220
Gain (Loss) on Sale of Assets	-320.6	-320.6	8.8	27.5	974.5	127.1
Other Unusual Items	-392.1	-392.1	-	-	-	8,165
Pretax Income	170,254	139,515	102,235	100,400	78,420	76,517
Income Tax Expense	42,102	33,770	28,988	23,318	17,818	14,858
Earnings From Continuing Operations	128,152	105,745	73,247	77,082	60,602	61,659
Minority Interest in Earnings	2,583	1,697	-	-	-	-
Net Income	130,735	107,442	73,247	77,082	60,602	61,659
Net Income to Common	130,735	107,442	73,247	77,082	60,602	61,659
Net Income Growth	56.95%	46.68%	-4.98%	27.19%	-1.71%	26.95%
Shares Outstanding (Basic)	278	279	279	283	285	289
Shares Outstanding (Diluted)	279	280	280	283	285	289
Shares Change	-0.33%	-0.04%	-1.19%	-0.78%	-1.36%	-0.03%
EPS (Basic)	469.75	384.96	262.44	272.67	212.48	213.24
EPS (Diluted)	469.03	384.40	262.00	272.40	212.48	213.24
EPS Growth	57.44%	46.72%	-3.82%	28.20%	-0.36%	26.99%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	58,451	20,362	-22,191	58,451	42,030	36,465
Free Cash Flow Per Share	209.69	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%	0%	0%
Gross Margin	34.00%	33.15%	31.80%	30.60%	29.61%	28.61%
Operating Margin	21.03%	22.70%	22.25%	21.27%	19.17%	18.14%
Profit Margin	16.00%	16.89%	14.12%	16.70%	16.24%	17.98%
Free Cash Flow Margin	7.15%	3.20%	-4.28%	12.66%	11.26%	10.63%
EBITDA	183,351	150,099	119,492	101,848	74,417	64,906
EBITDA Margin	22.43%	23.59%	23.04%	22.06%	19.94%	18.93%
D&A For EBITDA	11,442	5,669	4,094	3,644	2,859	2,698
EBIT	171,909	144,431	115,397	98,204	71,559	62,208
EBIT Margin	21.03%	22.70%	22.25%	21.27%	19.17%	18.14%
Effective Tax Rate	24.73%	24.20%	28.35%	23.23%	22.72%	19.42%
Revenue as Reported	831,877	650,872	524,690	463,065	376,429	344,289
Advertising Expenses	-	7,758	5,754	5,281	4,017	2,111