Bajaj Holdings Sees Profits Double in Strong Financial Quarter

Bajaj Holdings & Investment Ltd (BHIL) reported a significant rise in consolidated profit, reaching Rs 3,487 crore in Q1, doubling from the previous year. Despite a decline in expenses, the company's total income surged more than twofold. BHIL has substantial financial investments and strategic stakes in group companies.

Bajaj Holdings & Investment Ltd (BHIL) announced a remarkable increase in their consolidated profit for the first quarter ending June 30, with figures climbing to Rs 3,487 crore. This marks more than double the earnings of Rs 1,610 crore achieved in the corresponding period last year.

The growth in total income was similarly impressive, skyrocketing to Rs 338 crore from Rs 148 crore year-over-year, according to a recent regulatory filing. In contrast, BHIL managed to cut down on total expenses, which decreased to Rs 49 crore compared to Rs 70 crore previously.

BHIL maintains strategic investments across Bajaj Auto Ltd, Bajaj Finserv Ltd, and Maharashtra Scooters Ltd, aligning these with other group companies. Their financial portfolio exceeds Rs 17,000 crore at market value, with a wholly-owned subsidiary enhancing their investment profile further. Notably, on March 17, 2025, Bajaj Finserv Ltd, in partnership with its promoters, agreed to acquire Allianz SE's 26% equity stake in Bajaj Allianz's general and life insurance divisions.

(With inputs from agencies.)