Bajaj Finance reported its Q1 results on July 23, 2024, showing a 27.98% increase in revenue and a 13.82% rise in profit year-over-year (YoY). Compared to the previous quarter, revenue grew by 7.73% and profit increased by 2.29%. Selling, general, and administrative expenses rose by 7.58% quarter-over-quarter (QoQ) and 18.55% YoY. Operating income was up […]
Bajel Projects’ has announced order of a ₹586.28 crore contract from Power Grid Corporation of India. The contract involves supplying goods and services for the 765 kV D/C Beawar Mandsaur PS transmission line, part of a larger initiative to enhance power transmission from Rajasthan. The project must be completed within 23 months. Bajel Projects, previously […]
Bajaj Auto, renowned for its two-wheeler and three-wheeler vehicles, has achieved a significant milestone with the launch of the Freedom 125, the world’s first CNG motorcycle. Introduced on July 5th, 2024, the innovative bike has sparked immense interest, receiving over 30,000 enquiries within a week. The first delivery was made in Pune to Mr. Pravin […]
Bajaj Auto Ltd. reported a net profit of ₹1,988 crore for the quarter, matching expectations from a CNBC-TV18 poll. This marks a 19.4% year-on-year increase. Revenue rose by 16% to ₹11,928 crore, surpassing the estimated ₹11,700 crore. EBITDA grew by 24% to ₹2,416 crore, slightly above the anticipated ₹2,360 crore, with an improved margin of […]
Niraj Bajaj, a prominent business tycoon, has a deep-rooted connection with table tennis dating back to his youth. He achieved championship titles at the All-India Table Tennis Championship in 1971, 1973, and 1975. He also served as the captain of the Indian Table Tennis in prestigious tournaments such as the World Championships, commonwealth Games, and […]
Pune-based Bajaj Auto Limited is poised to announce its Q1 FY25 earnings on July 16,with analysts anticipating robust results driven by increased volumes and a diversified product lineup. Projections suggest a 14.3% year-on-year rise in revenue to Rs 11,793 crore, while net profit is expected to surge by 18% to Rs 1,965 crore compared to the […]
Ultimate Table Tennis (UTT) has teamed up with Viacom18 to broadcast its upcoming 2024 season, scheduled to be held in Chennai from August 22 to September 7. The partnership allows fans to watch the league for free on JioCinema and on the Sports18 Network. This collaboration marks the second consecutive year between UTT and Viacom18. […]
During his convalescence at home in Pune due to prolonged illness, the late Rahul Bajaj made the decision that he could no longer effectively oversee the family’s business interests or continue his board roles at group companies. By the following year, Rahul had stepped down as chairman of Bajaj Auto Ltd. and relinquished his board […]
Sanjiv Bajaj, former President of CII, Chairman of CII’s Economic Affairs Council, and Chairman & MD of Bajaj Finserv has laid out critical objectives for the new Government’s initial term aimed at fostering inclusive growth. He underscores the urgency of prioritizing employment and job creation to address the challenges of a dual-speed economic recovery and […]
Bajaj Auto introduced the ‘Freedom 125’, the world’s first CNG motorcycle, on Friday, marking a pivotal moment for the company. Managing Director Rajiv Bajaj hailed it as a transformative day, reflecting on their pioneering journey that began 25 years ago with India’s first CNG three-wheeler. The new motorcycle features both a CNG tank and a […]
On Friday, Bajaj Auto achieved a historic milestone with the launch of the world’s first CNG motorcycle, the ‘Freedom 125’. Rajiv Bajaj, Managing Director of Bajaj Auto, underscored the bike’s reliability and boldly challenged its rival, Hero MotoCorp, with a spirited “Tiger Zinda Hai” message. He described the launch as a pivotal moment, aiming to […]
Bajaj Auto Ltd. recently reported a 5% increase in total sales for June and anticipates exceeding industry growth in the first quarter of fiscal 2025. Executive Director Rakesh Sharma highlighted their strong position in the upper half of the market, where they consistently outperform and gain market share. Sharma expects industry growth of 6-8%, citing […]