Nearly two months have passed since the fourth quarter (Q4) of FY 2024-25 ended, but the announcement of financial results of listed companies in the country’s major stock market is going on. In this series, the country’s legendary automobile company Bajaj Auto has also introduced its quarterly results, which has proved to be important news for investors.
Net profit increased in fourth quarter
Bajaj Auto has recorded a net profit of Rs 2049.3 crore in the fourth quarter of FY 2024-25, which is 5.9 percent higher than the same quarter last year. The company’s net profit was Rs 1936 crore in the fourth quarter of FY 2023-24. Thus the company has strengthened its profiteering situation with a continuous increase.
5.8% gained in revenue also
The company said in a filing to the exchange on May 29 that their total revenue increased by 5.8 percent to Rs 12,148 crore in the March quarter. The company’s revenue was Rs 11,485 crore in the fourth quarter of the last financial year. This edge shows that Bajaj Auto’s business is moving firmly despite economic challenges.
Big decision on dividend, when will the payment be paid?
Bajaj Auto has approved a dividend of Rs 210 on each stock with a face value of Rs 10 in its board meeting. However, the final decision to pay the dividend will be taken in the company’s annual general assembly (AGM). If dividend approval is received in AGM, the amount of dividend will be transferred to the bank accounts of shareholders on or around August 8. This dividend will prove to be a major opportunity for the company’s investors, especially for investors who have a long time shares of the company.
Record date and share price
Bajaj Auto has fixed a record date for dividend on Friday, June 20. By this day, investors who will have shares of the company will be entitled to dividend. At the same time, on Friday, Bajaj Auto shares fell on BSE at Rs 264.60, or about 2.98 percent, at Rs 8608.70. During the day, the price of shares reached a low of Rs 8868.10 to a low of Rs 8584.80. The highest price of the company’s shares was Rs 12,772.15 and the minimum price was Rs 7,088.25. Currently Bajaj Auto’s market cap is around Rs 2,40,404.50 crore, which counted it among the largest and stronger companies in the Indian market.
Bajaj auto status and future expectations
The performance of Bajaj Auto is considered a strong sign in the Indian automobile sector. The company has not only increased profits in the quarter, but has also strengthened its hold in the market. It is an indication that the recovery of the automobile industry and the demand for customers is improving. The destinations believe that Bajaj Auto’s upcoming plans and investment will further strengthen its development. Also, the big announcement of dividend will increase the confidence and attraction towards the company for shareholders.
conclusion
Bajaj Auto proved its financial strength by registering a net profit of Rs 2049.3 crore in the fourth quarter of FY 2024-25. The company has announced a dividend of Rs 210 per share, which will be approved in AGM. Investors will get benefit in August when the dividend is received. Although the share prices continue to fluctuate in the market, Bajaj Auto’s strong market cap and the possibilities of continuous development are positive messages for investors. In such a situation, investors are monitoring the future strategies of the company. This performance of Bajaj Auto is an encouraging sign for the Indian stock market and the auto industry, which arouses more investment and development prospects in the coming times.
