Bajaj Auto Q4 Profitable Result for FY-2024 : Brings Good News to Investors

A Pune-based automotive manufacturing company has achieved significant outcomes in the March-ended quarter. Bajaj Auto recently published its quarter 4 results, bringing positive news for its investors. The company has the reputation of being the largest three-wheeler & two Wheeler manufacturer in the world. It has already achieved a business of 1 trillion, approximately US $13 billion, which is why this company has a high market reputation globally.

Here are some of the important pointers highlighting significant growth in the March-end quarter:

• Quarter-on-quarter business growth: Bajaj Auto saw substantial growth in total income for Q4, the company’s total income for Q4 was Rs 11,914.94 crore, representing a growth of 29.6 percent from Rs 9,192.73 crore during the same period last year. This is a substantial leap, indicating strong performance and market demand.
• Strong Domestic Performance: The companies growth doesn’t seems only in International Market but it has experienced good production demands from the local market as well.
• Unit rise on a quarter-on-quarter basis: The auto manufacturer sold more than 10 lakh 50 thousand units in the fourth quarter FY 2023-2024, compared to around 8 lakh 55 thousand units in the previous year’s same quarter.

• Exports Demand: Bajaj Auto’s performance in the international market is commendable, with double-digit revenue growth and a 20% increase in volume compared to the same quarter last year. Particularly, the Pulsar brand has shown strong performance, gaining market share in the 125cc+ segment.

Why this company is good choice to Invest?? 

Bajaj Auto’s recent unveiling of its quarter 4 results indeed brings positive news for investors, especially with the announcement of a generous dividend of ₹80 per equity share. This move is likely to boost investor confidence and further enhance shareholder value. The upcoming AGM on the 19th will provide an opportunity for shareholders to delve deeper into these results, with the dividend pay date potentially set for the 14th of June.

Let’s analyze the numbers provided:

• March Quarter Income: Bajaj Auto made a lot more money in the March quarter this year compared to the same time last year. They brought in around ₹11,914 crore, which is a big jump from the ₹9,192 crore they earned before. This shows that the company is doing really well in selling its products and is in a good position in the market.

• Turnover: Even though they made a lot of money, the total amount of business they did (called “turnover”) was a bit higher in the previous quarter, from October to December 2024, at ₹12,521 crore. This means they were doing even better earlier in the year.

• Expenses: While Bajaj Auto spent more money overall this year compared to last year, they were able to cut down on their expenses a bit during the same period as last year. This shows they are trying to be careful with their spending.

• Profit: Despite spending more money, Bajaj Auto still managed to make a good profit of around ₹2,011 crore after paying all their expenses for the year. This profit is a bit lower than the previous year’s profit, but it’s much higher than what they made in the same quarter last year. This means they’re doing better overall, which is good news for people who invest in the company

Overall, Bajaj Auto’s strong performance across various segments, coupled with its growing presence in both domestic and international markets, solidifies its position as a leader in the automotive industry. Bajaj Auto is doing well financially. They’re making more money, managing their spending, and still making a good profit. This shows that they’re in a strong position and could be a good investment choice for people looking for stability and growth in the automotive industry.