Bajaj Auto Q4 Results: Net Profit Rises 6% to ₹2,049 Crore, Revenue Grows Steadily; Final Dividend Declared

Bajaj Auto Ltd, one of India’s leading two-wheeler and three-wheeler manufacturers, reported a 6% year-on-year (YoY) increase in its consolidated net profit for the quarter ended March 31, 2025. The company posted a net profit of ₹2,049 crore, compared to ₹1,930 crore in the same quarter last year, driven by improved export volumes, product mix optimization, and operational efficiency.

The company’s revenue from operations also rose 6% YoY to ₹11,485 crore in Q4 FY25, up from ₹10,853 crore in the corresponding quarter of FY24. Alongside the financial results, Bajaj Auto announced a final dividend of ₹80 per share for FY25, maintaining its track record of rewarding shareholders with consistent payouts.

Export Recovery and Premium Segment Growth Fuel Performance

A key driver of Bajaj Auto’s Q4 performance was the revival in export markets, especially in Africa and Latin America, which had faced headwinds due to currency devaluation and macroeconomic instability in recent quarters. The company's export volumes grew by 12% YoY, contributing to an overall volume growth of 5%.

Moreover, Bajaj Auto continued its strategic push into the premium motorcycle segment through its KTM, Dominar, and Triumph brands. The premium segment saw double-digit volume growth and helped lift overall realizations. The company also saw a strong performance in the CNG and electric three-wheeler categories.

Dividend Reflects Strong Balance Sheet

The company’s board recommended a final dividend of ₹80 per share, subject to shareholder approval, which translates into a dividend payout of over ₹2,300 crore. This underscores Bajaj Auto’s strong free cash flow generation and robust balance sheet, with zero long-term debt and significant cash reserves.

The total dividend for FY25, including the interim dividend paid earlier in the year, amounts to ₹140 per share — among the highest in the Indian automotive sector.

Market Reaction and Analyst Commentary

Following the announcement, shares of Bajaj Auto closed marginally higher at ₹9,310 on the NSE, reflecting investor confidence in the company's sustained performance and shareholder-friendly policies.

“Bajaj Auto has delivered a resilient performance amidst mixed macro trends. Their export recovery, premiumization strategy, and strong dividend signal make it a steady pick in the auto space,” noted Prasad Bhave

“While domestic two-wheeler volumes remain under pressure in the entry-level segment, Bajaj’s differentiated portfolio strategy is helping it maintain margins and grow profitably,” said Prasad Bhave

Outlook: Cautious Optimism with Strategic Levers in Place

Looking ahead, Bajaj Auto remains cautiously optimistic about FY26. The company aims to scale up its electric two-wheeler offerings through the Chetak EV platform, expand its three-wheeler CNG and electric vehicle penetration in Tier 2 and Tier 3 cities, and further strengthen its global distribution networks.

Analysts expect steady mid-single-digit volume growth for FY26, supported by a gradual rural recovery, improved financing penetration, and easing commodity cost pressures.

Conclusion

Bajaj Auto’s Q4 FY25 performance reinforces its reputation as a fundamentally strong and agile automaker with a balanced portfolio and sharp capital allocation. As it ventures deeper into premium, electric, and export-led growth themes, the company appears well-positioned to deliver consistent shareholder returns in the coming quarters.