Bajaj Auto’s subsidiary gets RBI registration for NBFC business
1 year, 3 months ago

Bajaj Auto’s subsidiary gets RBI registration for NBFC business

Live Mint  

Bajaj Auto's subsidiary, Bajaj Auto Consumer Finance, has received the Certificate of Registration from the Reserve Bank of India to start the business of the non-banking finance company, the company informed the stock exchanges in its filing on September 1, according to MoneyControl reports. In the exchange filing, Bajaj Auto said, “We would like to inform you that Bajaj Auto Consumer Finance Limited, the wholly-owned subsidiary of Bajaj Auto Limited, has received on 31 August 2023 from RBI a Certificate of Registration, bearing No. N-13.02465 dated 29 August 2023 under section 45-IA of the Reserve Bank of India Act, 1934 to commence/carry on the business of nonbanking financial institution without accepting public deposits, subject to the conditions given in the said certificate.” In 2021, Bajaj Auto announced the setting up of a 100% captive finance subsidiary ‘Bajaj Auto Consumer Finance’. Bajaj Auto sold a total of 2,85,031 two-wheeler vehicles in August 2023, a sharp drop of 20% from 3,55,625 units sold in August 2022.

Auto Units Rbi Bajaj Auto Bajaj Bajaj Auto Consumer Finance  twowheeler  bajaj  month  units  autos  business  finance  gets  sales  total  subsidiary  auto  2023  nbfc  registration  rbi

History of this topic

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
3 weeks, 5 days ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise
2 months, 3 weeks ago

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Hindustan Times  

Bajaj Auto has reported a significant rise in the sales of its two-wheelers for September 2024, with domestic sales increasing by 28 per cent year-on-year. Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand. The overall sales of Bajaj's commercial vehicles, including both domestic and export …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
5 months ago

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said

Live Mint  

Shares of Bajaj Finance dropped nearly 3 percent in intra-day trading on Wednesday after the non-banking financial company released its Q1 earnings report. Q1 Results Bajaj Finance reported a 14 percent increase in net profit for the June 2024 quarter, reaching ₹3,912 crore compared to ₹3,437 crore in the same quarter of 2023. Brokerage views Bajaj Finance reported a solid …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 1 week ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16
5 months, 1 week ago

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16

Live Mint  

The earnings season has begun for Q1 FY25 and many companies including TCS, SpiceJet, Jio Financial Services have already announced their quarterly results. Q1 results today On July 16, these companies are scheduled to announce their quarterly results: Alok Industries, Agro Tech Foods, Atishay, Bajaj Auto, Aditya Birla Money, BMW Industries, Century Textiles and Industries, Crisil, Capital Trade Links, D …

Chart Beat: It is back to action for Bajaj Finance in Q1FY25
5 months, 2 weeks ago

Chart Beat: It is back to action for Bajaj Finance in Q1FY25

Live Mint  

Bajaj Finance Ltd reported a significant uptick in its June quarter performance following the Reserve Bank of India's decision on 2 May to lift restrictions on the company’s 'eCOM' and 'Insta EMI Card' loan sanctioning and disbursal operations. In Q1FY25, Bajaj Finance added 4.47 million new customers, marking a healthy 16% year-on-year increase and a multi-quarter high. “The trend of …

Bajaj Auto trademarks point to CNG motorcycles and more
9 months, 1 week ago

Bajaj Auto trademarks point to CNG motorcycles and more

Live Mint  

In recent weeks, Bajaj Auto, a prominent player in India's two-wheeler market, has made strategic moves by trademarking four distinct names, sparking speculation about multiple upcoming products. While the specific application of these trademarks remains undisclosed, media reports suggest that one of these names could potentially be associated with Bajaj's groundbreaking venture into the realm of Compressed Natural Gas motorcycles. …

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6
9 months, 2 weeks ago

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6

Live Mint  

Bajaj Auto buyback: Bajaj Auto share buyback for raising up to ₹4,000 crore will open on March 6 and close on March 13. Bajaj Auto buyback price is set at ₹10,000 per share, which is around 24% higher than its Monday’s closing price of ₹8,042.75 apiece. The company’s board had approved to buyback up to 40,00,000 fully paid-up equity shares …

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far
1 year ago

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far

Live Mint  

Continuing their triumphant run for the 9th successive trading session, Bajaj Auto shares surged to a new historic high of ₹6,039 apiece in today's trading session, surpassing their previous high of ₹5,960 apiece. The stock began today's session at ₹5,969.80 apiece and remained flat throughout the day before gaining substantial momentum in the final hour of trade, breaching the significant …

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore
1 year, 2 months ago

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore

Live Mint  

Bajaj Auto on Wednesday reported a 5.6% rise in second-quarter revenue as price hikes offset weak demand for its motorcycles. Key takeaways from Q2 results Revenue from Operations registers a new high of <10,777 crores Underpinned by double digit volume growth, with the sustained buoyancy on the domestic front cushioning the weak, albeit improving exports performance. At Rs2, 133 crores, …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore
1 year, 4 months ago

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore

Live Mint  

Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June to ₹1,664.77 crore. The company's total revenue from operations rose nearly 29% on year to ₹10,309.77 crores during the quarter ended June from ₹8,004.97 crore in Q1FY23. All businesses contributing to the solid delivery - robust double digit motorcycle …

Bajaj Auto shares Triumph to all-time high; here’s why
1 year, 5 months ago

Bajaj Auto shares Triumph to all-time high; here’s why

Live Mint  

Bajaj Auto share price rose 2.5 per cent to hit its fresh all-time high of ₹4,950 in morning trade on BSE on Monday, July 10 after suffering a loss of about 2 per cent in the previous session. The stock witnessed decent traction after the company said bookings for the newly launched motorcycles Triumph Speed 400 and Scrambler 400X crossed …

Bajaj Auto’s May sales beat estimates, but export decline YoY casts shadow
1 year, 6 months ago

Bajaj Auto’s May sales beat estimates, but export decline YoY casts shadow

Live Mint  

Bajaj Auto Ltd. outpaced analysts' projections with its wholesale volume figures in May. The Street responded favourably to this news, with shares of Bajaj Auto trading 1.6% higher in Thursday's morning trade on the National Stock Exchange. In a silver lining, the company’s three-wheeler exports saw a YoY volume increase, following eight successive decreases. However, it augurs well that Bajaj …

Bajaj Auto Reports Marginal Rise in Q4 Profit
1 year, 7 months ago

Bajaj Auto Reports Marginal Rise in Q4 Profit

News 18  

Bajaj Auto Ltd on Tuesday reported a marginal rise in standalone Profit After Tax at Rs 1,468.95 crore for the three months to March 2023. At the same time, EBITDA maintained its strong run, growing 26 per cent year-on-year to Rs 1,718 crore, with margin accretion of 220 basis points to 19.3 per cent, Bajaj Auto said. While exports progressively …

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales
1 year, 7 months ago

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales

Live Mint  

Two-wheelers and commercial vehicles maker, Bajaj Auto despite witnessing a single-digit drop in PAT due to lower sales, beats Street's estimates for the quarter ending March 31, 2023. From December 2022 quarter where PAT stood much higher at ₹1,491 crore, Bajaj Auto's net profit dipped by nearly 4% in Q4FY23. In its financial report, Bajaj Auto said, domestic motorcycle sales …

Bajaj Auto takes over sales and marketing operations of Triumph India. Details
1 year, 8 months ago

Bajaj Auto takes over sales and marketing operations of Triumph India. Details

Live Mint  

Bajaj Auto has announced that it has successfully completed the transfer of Triumph India's sales and marekting operations. In a regulatory filing today, Bajaj Auto said "This launches the next phase of the partnership, effective from April 1st, 2023, where all the current 15 Triumph Motorcycle dealerships will be managed by Bajaj Auto." Rakesh Sharma, Executive Director - Bajaj Auto, …

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets
1 year, 8 months ago

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets

Live Mint  

One pain point for the investors in shares of Bajaj Auto Ltd has been the sombre demand in its export markets. In the month of March, Bajaj Auto’s export volumes in the two-wheeler segment dropped by 36.5% year-on-year. In the three-wheeler segment, Bajaj Auto’s export volumes fell for the seventh consecutive time in March. The two-wheeler export volume share of …

Weaker export prospects dim Bajaj Auto’s earnings outlook
1 year, 9 months ago

Weaker export prospects dim Bajaj Auto’s earnings outlook

Live Mint  

Bajaj Auto Ltd’s weak performance in the export markets has been a pain point for investors in the stock. Lower export volumes also weighed on Bajaj’s total volumes, which fell over 9% year-on-year in FY23 so far. This would impact Bajaj’s margin performance given lower production at the same level of fixed costs. “This production cut would lead to a …

Bajaj Auto export figures zooms riding on Pulsar and Dominar
2 years, 11 months ago

Bajaj Auto export figures zooms riding on Pulsar and Dominar

Live Mint  

Bajaj Auto Limited has continued its strong sales momentum in export markets, with sales of 2.5 million plus units in the calendar year 2021 despite global semiconductor shortages and post covid-19 economic slowdown. Two-wheeler exports for CY 2021 stood at 2.2 million plus units while three-wheeler and quadricycle sales added another 0.3 million plus units. Bajaj's flagship sports motorcycle brand …

Bajaj Auto’s higher exports drive September quarter show
3 years, 1 month ago

Bajaj Auto’s higher exports drive September quarter show

Live Mint  

Bajaj Auto Ltd reported robust performance for the September quarter, boosted by export volumes. Overall CV volumes grew 29% year-on-year helped by 8% growth in exports and 88% y-o-y growth in domestic sales. Raw material costs at 74.9% of sales were much higher than 73% of sales in Q1 and 70.7 % of sales in the year-ago quarter. The impact …

Bajaj Auto Reports 52 Percent YoY Growth in Overall Sales in March 2021 at 3,69,448 Units
3 years, 8 months ago

Bajaj Auto Reports 52 Percent YoY Growth in Overall Sales in March 2021 at 3,69,448 Units

News 18  

Two-wheeler and commercial vehicle manufacturer Bajaj Auto on Friday reported a 52 per cent growth in total sales during March on a year-on-year basis. It stood at 198,55 units — up 70 per cent — from 116,541 units sold in March last year. In terms of two-wheelers, the company’s total sales rose by 56 per cent to 330,133 units from …

Bajaj Auto's total wholesales rise 8 per cent in January 2021
3 years, 10 months ago

Bajaj Auto's total wholesales rise 8 per cent in January 2021

India Today  

Bajaj Auto has reported a growth of 7.79 per cent in total wholesales to 4,25,199 units in January 2021. The domestic sales of Bajaj Auto declined 11.47 per cent to 1,70,757 units in January 2021 from 1,92,872 units in the year-ago month. However, the company registered its highest-ever export sales at 2,54,442 units in January 2021, a rise of 26.21 …

Bajaj Auto's Profit After Tax Jumps 23 per cent to Rs 1,556 Crore in December Quarter
3 years, 11 months ago

Bajaj Auto's Profit After Tax Jumps 23 per cent to Rs 1,556 Crore in December Quarter

News 18  

Bajaj Auto on Thursday reported a 23 per cent jump in profit after tax at Rs 1,556 crore for the December 2020 quarter. The firm sold a total of 13,06,810 vehicles during the December 2020 quarter, a rise of 9 per cent as against 12,02,486 units a year ago, it said. Total domestic sales declined 3 per cent to 6,19,699 …

Bajaj Auto signs MoU with Maharashtra Government for Rs 650 Crore Investment at Chakan Plant
4 years ago

Bajaj Auto signs MoU with Maharashtra Government for Rs 650 Crore Investment at Chakan Plant

News 18  

Bajaj Auto, a leading global two-wheeler and three-wheeler manufacturer, has announced that it has signed a Memorandum of Understanding with the Government of Maharashtra to set up a manufacturing facility on a proposed investment of Rs 650 crores in Chakan, Maharashtra. This facility will be utilised for the/ manufacturing of high-end KTM, Husqvarna and Triumph motorcycles as well as for …

Bajaj Auto signs MoU with Maharashtra govt to set up new manufacturing unit in Chakan, to invest Rs 650 crore
4 years ago

Bajaj Auto signs MoU with Maharashtra govt to set up new manufacturing unit in Chakan, to invest Rs 650 crore

India Today  

Bajaj Auto has announced that it has signed a memorandum of understanding with the Maharashtra government to set up a new manufacturing unit in Chakan with a proposed investment of Rs 650 crore. In Maharashtra, Bajaj Auto already has manufacturing units in Akurdi, Waluj and Chakan. "Under the arrangement, the Government of Maharashtra will facilitate Bajaj Auto in obtaining necessary …

Independence Day 2020: Indian Auto Manufacturers That Shine With a Global Footprint
4 years, 4 months ago

Independence Day 2020: Indian Auto Manufacturers That Shine With a Global Footprint

News 18  

74 years since its Independence, India has come a long way to be among the fastest developing countries in the world. Abroad Tata cars buses and trucks are being marketed in Europe Africa the Middle East South Asia South-East Asia South America Australia CIS and Russia.Tata Motors has a portfolio of automotive products ranging from sub-1 ton to 49-ton gross …

Two Wheeler Sales on a Recovery Path Across Domestic and Export Markets: Bajaj Auto
4 years, 4 months ago

Two Wheeler Sales on a Recovery Path Across Domestic and Export Markets: Bajaj Auto

News 18  

Bajaj Auto is witnessing a strong revival in demand for two-wheelers in the domestic as well as international markets, even as it continues to face headwinds in the three-wheeler segment, a senior company official has said. In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year. …

Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto
4 years, 4 months ago

Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto

Live Mint  

Bajaj Auto is witnessing a strong revival in demand for two-wheelers in the domestic as well as international markets, even as it continues to face headwinds in the three-wheeler segment, a senior company official has said. In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year. …

Discover Related