Bajaj Holdings Q1 Results: Profit Doubles

Bajaj Holdings & Investment Ltd. on Wednesday reported a doubling of consolidated profit to Rs 3,487 crore for the first quarter ended June 30. The company, registered as a Non-Banking Financial Co., had earned Rs 1,610 crore in the same quarter a year ago.

Total income during the quarter also more than doubled to Rs 338 crore against Rs 148 crore in the first quarter of the previous year, BHIL said in a regulatory filing.

However, total expenses declined to Rs 49 crore from Rs 70 crore in the year-ago period.

BHIL holds strategic stakes in Bajaj Auto Ltd., Bajaj Finserv Ltd and Maharashtra Scooters Ltd, which it consolidates with other group companies.

It has financial investments of over Rs 17,000 crore (at market value). BHIL also has a wholly owned subsidiary, viz. Bajaj Auto Holdings Ltd, which has an investment in group company.

On March 17, 2025, Bajaj Finserv Ltd., an associate company of BHIL, signed Share Purchase Agreements for BFS (together with its promoter and promoter Group entities) to acquire 26% equity stake owned by Allianz SE in Bajaj Allianz General Insurance Co. and Bajaj Allianz Life Insurance Co.

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