On Tuesday, July 16, Bajaj Auto, which is well-known for its recently released Freedom motorcycle fueled by compressed natural gas, will release its financial results for the April–June quarter. An overview of what investors should anticipate from the next earnings report is provided below.
Bajaj Auto Q1 Results Preview
Strong Financial Outcome Anticipated
Experts anticipate that Bajaj Auto will post solid quarterly results, propelled by rising sales volumes and better realizations as a result of a well-balanced product mix and cost reductions. Zee Business research projects that Bajaj Auto would report a stand-alone net profit of Rs 1,980 crore for the April–June period, a rise of 18.9% over the corresponding period in the previous year. Furthermore, the car major’s To reach Rs 11,790 crore, quarterly revenue is predicted to increase by 14.4%.
Revenues and Profits, Bajaj Auto Q1 Results Preview
According to additional research, Bajaj Auto will report earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rs 2,360 crore for the June quarter, a 21% increase over the previous year. Analysts estimate that the company’s first-quarter margin was 20%, which would be a 100 basis point (bps) increase over the prior year.
Amount of Sales and Realizations
For the June quarter, Bajaj Auto’s sales volumes are predicted to expand by 7.3% to 11.02 lakh units, with a 5.5% increase in realizations to Rs 1.05 lakh, mostly due to price increases and the expansion of the premium category.
Important Aspects to Monitor
Analysts and investors will be attentive to Bajaj Auto’s management’s remarks regarding the company’s prognosis for exports and its forecasts for domestic sales. till the end of FY25.
Results for Q4 of FY24 summarized
With a 29% growth in revenue and a 35% year-over-year increase in standalone net profit to Rs 1,936 crore in the final quarter of FY24, Bajaj Auto turned in a strong performance. Additionally, the company’s margin improved by 80 basis points to reach 20.1%.
Celebrity Performance
As of July 15, the Nifty50 and Nifty Auto indices had rallied by roughly 25% and 63%, respectively, while Bajaj Auto shares had nearly doubled over the previous year.
This updated blog post provides a thorough but succinct summary in a polished and interesting way by emphasizing the expected good performance, important financial measures, and previous stock performance.
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