Mumbai

Bajaj Auto Ltd reported a net profit of ₹1,988 crore for the April-June quarter of the 2024-25 financial year, reflecting a 19.4% increase from ₹1,665 crore in the same quarter last year. The company’s revenue rose by 16% to ₹11,932 crore, thanks to strong vehicle sales and record earnings from spare parts.

According to Bajaj Auto, the domestic market has shown impressive growth, achieving its ninth consecutive quarter of double-digit growth. This positive trend is supported by strong sales across motorcycles, commercial vehicles, and electric scooters.

Exports, which had faced challenges in the previous year, experienced a resurgence, particularly in African markets, boosting overall sales volumes. The company’s strong performance highlights its resilience and continued success in a competitive industry.