On January 1, 2025, Bajaj Auto share price fell ~2% and reached the day low of ₹8,550.00 after opening at ₹8,769.95. The fall in shares of Bajaj Auto came after the company reported auto sales of 3,23,125 units in December 2024 as compared to 3,26,806 units in December 2023, reflecting a fall of ~1%.
Under the two-wheeler category, the company sold 1,28,335 in the home ground, indicating a drop of ~19% while exports rose 15% to 1,43,838 units during December 2024.
Coming to the sale of commercial vehicles, Bajaj Auto reported domestic sales of 34,085 units, showcasing growth of 5% as compared to 32,549 units in December 2023. The company recorded growth of 50% in commercial vehicle exports to 16,867 units.
In the prior exchange filing, the company scheduled to release its results for the quarter(Q3 FY25) and nine months ended December 31, 2024, on January 28, 2025.
In Q2 FY25, Bajaj Auto reported a revenue of ₹13,247 crores, an increase from ₹10,838 crores in the same quarter last year. The company’s Profit After Tax (PAT) was ₹1,385 crores, showing a decline due to deferred tax provisions. Despite this, Bajaj Auto achieved a strong EBITDA of ₹2,653 crores, demonstrating its operational resilience and efficient cost management strategies.
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Published on: Jan 1, 2025, 11:13 AM IST
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