Bajaj Auto Q1 FY25 results due today; here is what investors may expect from Freedom CNG motorcycle maker
Bajaj Auto Q1 FY25 Results Preview: Bajaj Auto - which recently rolled out the CNG-powered Freedom motorcycle - is set to report its financial results for the April-June period on Tuesday, July 16. Read on to know what investors can expect from the motorcycle makers upcoming earnings report.
Bajaj Auto Q1 FY25 Results Preview: Bajaj Auto - which recently rolled out its CNG-powered motorcycle Freedom 125 - is all set to report its financial results for the first three months of the current financial year on Tuesday, July 16. Analysts expect the motorcycle maker to stage a strong quarterly financial performance on the back of growth in sales volumes and improving realisations amid a robust product mix and cost savings.
According to Zee Business research, Bajaj Auto is estimated to register a standalone net profit of Rs 1,980 crore for the April-June period, which translates to an increase of 18.9 per cent over the corresponding period a year ago. The analysts expect the auto major's quarterly revenue to grow 14.4 per cent to Rs 11,790 crore.
Bajaj Auto is expected to log Rs 2,360 crore in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the June quarter, up 21 per cent on a year-on-year basis, according to the research.
Zee Business analysts peg Bajaj Auto's first-quarter margin at 20 per cent, which means an improvement of 100 basis points (bps) over the year-ago period.
The Pune-headquartered auto company's sales volumes are estimated to increase 7.3 per cent to 11.02 lakh units for the June quarter, with a 5.5 per cent increase in realisations to Rs 1.05 lakh driven by premium segment expansion and price hikes, according to the analysts.
Bajaj Auto Q1 FY25 Results | What to watch out for?
Analysts will closely track the Bajaj Auto management's commentary on export outlook and domestic sales for the remainder of FY25.
Bajaj Auto Q4 FY24 Results: A summary
For the final three months of the financial year 2023-24, Bajaj Auto staged a strong all-round performance with a 35 per cent year-on-year jump in its standalone net profit to Rs 1,936 crore with revenue growth of 29 per cent while its margin improved by 80 bps to 20.1 per cent.
The company clocked record levels of revenue as well as EBITDA for the full financial year, which ended on March 31.
Bajaj Auto shares: Historical performance
As of July 15, Bajaj Auto shares have almost doubled in a year, sharply outperforming rallies of about 25 per cent and 63 per cent in the Nifty50 and Nifty Auto indices, respectively.
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