Bajaj Auto Q3 Results: Bajaj Auto has released the results of the third quarter of the financial year 2024-25. The company earned a consolidated profit of Rs 2,195.65 crore in this quarter, which is 8.02% higher than Rs 2,032.62 crore in the same period last year. At the same time, revenue from operations rose 8.25% to Rs 13,168.88 crore, while in the last quarter it was Rs 12,165.33 crore.
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Major reasons for increase in profits
Bajaj Auto has a major contributor to the magnificent sales of the motorcycle segment above 125cc and the festive season. In this segment, the company has recorded the most quarterly retail volume ever.
Apart from this, the increasing demand for Triumph Speed 400 and KTM Duke 200/250 models also promoted sales. At the same time, the commercial vehicle segment touched the highest figure of quarterly retails while performing strong.
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Electric vehicle and export strength
Bajaj Auto’s electric three-wheeler segment has registered a 5-fold increase annually, and the company’s share in the market has increased by three times. Electric scooter Chetak also made a strong grip, with a growth of 2.5 times in the volume and the market share reached 25%.
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Along with this, the export segment has increased by two points in the fourth consecutive quarter. The motorcycle and commercial vehicle exports further strengthened the company’s income.
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Strong performance between race
Bajaj Auto has strengthened its position in the competition filled with competition. The demand for the company’s products and success in the new segments has helped it to gain profit and increase in revenue. The company is expected to strengthen in future due to the increasing demand for electric vehicles and exports.