Bajaj Auto Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting

The board meeting has approved the unaudited financial results for the quarter and nine months ended 31 December 2024. For the quarter, the company's revenue from operations stood at ₹12,807 Cr, reflecting a 6% year-over-year increase, driven by robust exports and strong domestic sales in their Green Energy portfolio, which now constitutes about 45% of total revenues. Profit after tax (PAT) amounted to ₹2,109 Cr, a modest increase of 3% from the previous year. Notably, the EBITDA margin remained steady at 20.2%, supported by effective cost management. The results indicate a positive trajectory as the company capitalizes on its expansion in electric vehicles and maintains competitive positioning in the market.