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Bajaj Holdings & Investment LimitedImportant, 30-01-2025: Financial Result Updates

30-01-2025 | 05:12 pm

Bajaj Holdings & Investment Limited has reported strong consolidated financial results for the quarter ended December 31, 2024, with a profit after tax of ₹1,748 crore, compared to ₹1,644 crore in the same quarter last year, representing a growth of approximately 6.3%. This increase can be attributed to improved performance from subsidiaries, particularly Bajaj Auto and Bajaj Finserv, which showed enhanced EBITDA margins and profitability.

Total revenue from operations reached ₹126.33 crore, driven by solid contributions from interest income at ₹100.85 crore and dividend income at ₹11.50 crore. The overall income increased to ₹158.23 crore, up from ₹132.50 crore a year ago. However, total expenses also rose, with significant other expenses comprising ₹19.37 crore, contributing to a total of ₹39.47 crore in operational costs.

Profit before tax stood at ₹1,781.02 crore, bolstered by substantial share of profits from associates amounting to ₹1,662.26 crore. Post-tax profits were arrived at after accounting for tax expenses of ₹31.05 crore.

On the balance sheet, total comprehensive income showed fluctuations primarily due to investments, but the company maintains a robust equity base. The future outlook suggests a focus on strategic investments and continuing to leverage its stature in the holding and investment sector, presenting a positive overall outlook.

For investors, this performance indicates potential for holding or strategic buying, especially considering the company's healthy profit margins and the strong earnings trajectory within its key subsidiaries.

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