Bajaj Holdings & Investment (500490) Q2 24/25 earnings summary

Executive summary

• Consolidated profit after tax for H1 FY25 was ₹3,124.94 crore, up from ₹3,003.82 crore year-over-year.

• Total comprehensive income attributable to owners for H1 FY25 reached ₹5,325.23 crore, compared to ₹2,068.75 crore in the prior year.

• The business remains focused on investment income, with a single segment: investments.

Financial highlights

• Consolidated revenue from operations for H1 FY25 was ₹412.83 crore, up from ₹328.80 crore year-over-year.

• Standalone profit after tax for H1 FY25 was ₹1,117.12 crore, compared to ₹1,626.53 crore in H1 FY24.

• Basic and diluted EPS (not annualised) for H1 FY25 was ₹273.8, compared to ₹261.2 in H1 FY24.

• Dividend income in Q2 FY25 was ₹152.38 crore, up from ₹134.15 crore in Q2 FY24.

Outlook and guidance

• Interim dividend of ₹65 per share (₹723 crore) was declared and paid in October 2024.

• Manufacturing operations of Maharashtra Scooters Ltd. have ceased due to unviability; it will continue as an unregistered Core Investment Company.