Bajaj Holdings & Investment Announces Q2 FY25 Financial Results, Mixed Performance Seen

Bajaj Holdings & Investment, a largecap finance and non-banking financial company, recently announced its financial results for the quarter ending September 2024. The stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, Bajaj Holdings has seen a flat performance in the quarter, with a score of 2 compared to 11 in the previous 3 months. However, there are some positive aspects to the company’s financials. The operating cash flow has been consistently growing over the last three years, with the highest amount of Rs 1,941.12 crore generated annually. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, there are some areas of concern for Bajaj Holdings. The net sales for the quarter have fallen by 33.5% compared to the average net sales of the previous four quarters. This is a significant decline and indicates a negative trend in the near term. Similarly, the profit after tax (PAT) and profit before tax (PBT) have also seen a decline of 23.0% and 18.8% respectively, compared to the average of the previous four quarters. The PBT for the quarter is also the lowest in the last five quarters, indicating a negative trend.

The earnings per share (EPS) for the quarter have also declined, with the lowest amount of Rs 129.06 in the last five quarters. This shows a declining profitability and lower earnings for shareholders. Overall, while Bajaj Holdings has shown some positive aspects in its financials, there are also some areas of concern that investors should keep in mind.