Bajaj Auto Q4 PAT flat at Rs1,525cr as exceptional gains offsets lower top line revenues in Q4

Bajaj Vehicle Ltd described -7.23% decrease total revenue revenues yoy for the Mar-22 quarter on consolidated foundation at Rs7,974.84cr. On a sequential basis, revenues were being lessen for the quarter by -11.6%.

For the comprehensive year FY22, the revenues have been higher by 19.5% at Rs33,145cr. On a yoy basis, the volumes two wheelers have been down by -30% at 339,100 models offered in Q4 FY2022 when compared to 487,731 models offered in Q4 of FY21.

The domestic sales of CVs ended up up 8% in the quarter at 50,055 units. As a result the in general domestic profits were being down -27% on acute chip scarcity impacting production and shipping and delivery schedules.

On the exports, the two wheeler exports even now fell by -7% at 519,991 units though the exports of CVs fell -11% at 67,505 models. All round exports fell by -8% and reduced the result of the domestic slowdown  brought on by the chip lack. Provide chain challenges proceed to be serious.

The consolidated internet financial gain for Q4 was down -1.62% at Rs1,526.16cr though it was up on a sequential foundation by 6.75%. Thanks to a spike in input expenses and other offer chain bottlenecks, the EBITDA fell by -10% to Rs1,396cr although the EBITDA margins compressed yoy from 18.1% to 17.5%.

The export realizations improved on account of beneficial impact of price tag hikes, deferral of uncooked materials value hikes and favourable gross sales blend. The earnings include an fantastic achieve of Rs315cr to accrual of incentives receivable from the federal government of Maharashtra. Internet margins stood at 19.14% in Mar-22 quarter compared to 18.04% in Mar-21. NPM was higher sequentially compared to 15.85% in Q3.