{"id":789,"date":"2021-06-07T16:24:18","date_gmt":"2021-06-07T16:24:18","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar21\/?page_id=789"},"modified":"2021-06-25T15:39:22","modified_gmt":"2021-06-25T15:39:22","slug":"statement-of-profit-and-loss","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar21\/statement-of-profit-and-loss\/","title":{"rendered":"Statement of Profit and Loss"},"content":{"rendered":"<div class=\"nolwrap\">\n<div class=\"row\"  id=\"row-355701711\">\n\n\n\t<div id=\"col-329002909\" class=\"col hide-for-medium medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"ux-menu stack stack-col justify-start ux-menu--divider-solid hide-for-small\">\n\t\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/standalone-financial-statement\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStandalone Financial Statement\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/balance-sheet\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tBalance sheet\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-profit-and-loss\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Profit and Loss\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-changes-in-equity\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Changes in Equity\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/statement-of-cash-flows\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tStatement of Cash Flows\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\t<div class=\"ux-menu-link flex menu-item\">\n\t\t<a class=\"ux-menu-link__link flex\" href=\"https:\/\/investors.bajajauto.com\/ar21\/notes-to-standalone-financial-statements\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tNotes to standalone financial statements\t\t\t<\/span>\n\t\t<\/a>\n\t<\/div>\n\t\n\n\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2052391243\" class=\"col hide-for-medium medium-9 small-12 large-9\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2737444028\" class=\"text\">\n\t\t\n\n<h2>Statement of Profit and Loss<\/h2>\n\t\t\n<style>\n#text-2737444028 {\n  color: #005dac;\n}\n#text-2737444028 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-1353108941\">\n\n\n\t<div id=\"col-236058974\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-628358480\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-722250696\" class=\"col medium-2 small-6 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1034599198\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2116404245\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-2116404245 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-1095781969\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1095781969 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-4294781960\" class=\"text\">\n\t\t\n\nFor the year ended 31 March\n\t\t\n<style>\n#text-4294781960 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\" style=\"text-align:center\">Note No.<\/th>\n<th scope=\"col\" style=\"color:#005dac; text-align:right\"><b>2021<\/b><\/th>\n<th scope=\"col\" style=\"text-align:right\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue from contracts with customers<\/td>\n<td><\/td>\n<td style=\"color:#005dac;\">27,132.90<\/td>\n<td>29,111.54<\/td>\n<\/tr>\n<tr>\n<td>Other operating revenue<\/td>\n<td><\/td>\n<td style=\"color:#005dac; text-align:right\">608.18<\/td>\n<td style=\"text-align:right\">807.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">Revenue from operations<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">21<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">27,741.08<\/td>\n<td style=\"text-align:right\">29,918.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">Other income<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">22<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,276.46<\/td>\n<td style=\"text-align:right\">1,733.56<\/td>\n<\/tr>\n<tr>\n<td><b>Total income<\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>29,017.46<\/b><\/td>\n<td style=\"text-align:right\"><b>31,652.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>Cost of raw materials and components consumed <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 18,308.09<\/td>\n<td style=\"text-align:right\"> 19,484.62<\/td>\n<\/tr>\n<tr>\n<td> Purchase of traded goods<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,521.04<\/td>\n<td style=\"text-align:right\">1,586.67<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">Changes in inventories of finished goods, work-in-progress and traded goods<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">23<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">(219.48)<\/td>\n<td style=\"text-align:right\">(63.01)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">Employee benefits expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">24<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,285.96<\/td>\n<td style=\"text-align:right\">1,389.21<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">Finance costs<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">25<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">6.66<\/td>\n<td style=\"text-align:right\">3.16<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">Depreciation and amortisation expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">26<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">259.28<\/td>\n<td style=\"text-align:right\">246.43<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">Other expenses<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">27<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,929.26<\/td>\n<td style=\"text-align:right\">2,454.90<\/td>\n<\/tr>\n<tr>\n<td>Expenses, included in above items, capitalised<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (12.27)<\/td>\n<td style=\"text-align:right\">(29.97)<\/td>\n<\/tr>\n<tr>\n<td><b>Total expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>23,078.54<\/b><\/td>\n<td style=\"text-align:right\"><b> 25,072.01<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before exceptional items and tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">Exceptional items<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">28<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">&#8211;<\/td>\n<td style=\"text-align:right\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td>Tax expense <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Current tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,348.10<\/td>\n<td style=\"text-align:right\">1,547.26<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Deferred tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 36.31<\/td>\n<td style=\"text-align:right\"> (67.04)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">Total tax expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">29<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,384.41<\/td>\n<td style=\"text-align:right\">1,480.22<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b> Profit for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>4,554.59<\/b><\/td>\n<td style=\"text-align:right\"><b>5,099.98<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income<\/b><\/td>\n<td><\/td>\n<td style=\"color:#005dac;\"><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td> Items that will not be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Actuarial gains\/(losses) of defined benefit plans<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 16.33<\/td>\n<td style=\"text-align:right\"> (37.95)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(4.11) <\/td>\n<td style=\"text-align:right\"> 4.76 <\/td>\n<\/tr>\n<tr>\n<td>&emsp;Changes in fair value of FVTOCI equity instruments <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">567.27 <\/td>\n<td style=\"text-align:right\">(550.03)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (65.71)<\/td>\n<td style=\"text-align:right\"> 62.39 <\/td>\n<\/tr>\n<tr>\n<td> Items that will be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"> <\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td> &emsp;Valuation gains\/(losses) on derivative hedging instruments<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">276.65<\/td>\n<td style=\"text-align:right\">(221.11)<\/td>\n<\/tr>\n<tr>\n<td>&emsp; Tax impact on above<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(69.63) <\/td>\n<td style=\"text-align:right\"> 62.09<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income for the year (net of tax)<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>720.80<\/b><\/td>\n<td style=\"text-align:right\"><b>(679.85)<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td> <b>Total comprehensive income for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> <b>5,275.39<\/b><\/td>\n<td style=\"text-align:right\"><b>4,420.13<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">Basic and diluted Earnings per share (in Basic and diluted Earnings per share (in \u20b9)<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">30<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">157.5<\/td>\n<td style=\"text-align:right\">176.3<\/td>\n<\/tr>\n<tr>\n<td>(Nominal value per share \u20b9 10) <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a> <\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-789672412\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-789672412 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1528943237\">\n\n\n\t<div id=\"col-1807913603\" class=\"col medium-6 small-6 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the financial statements.<br \/>\nAs per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-983791732\" class=\"col show-for-medium medium-1 small-6 large-1\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3958695864\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-3958695864 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1808925244\" class=\"col hide-for-small medium-5 small-12 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2709321355\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-2709321355 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-56167835\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-56167835 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1461707998\">\n\n\n\t<div id=\"col-847398451\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &#038; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1248625785\" class=\"col medium-2 small-4 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3569023605\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-3569023605 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1949179304\" class=\"col hide-for-small medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-775924029\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-775924029 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1500211542\">\n\n\n\t<div id=\"col-388799634\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1715396792\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2400942759\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-2400942759 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1808795292\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-1808795292 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1310671997\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1484924615\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-1484924615 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-40418793\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-40418793 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1891526350\" class=\"col show-for-medium hide-for-small small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3615238722\" class=\"text\">\n\t\t\n\n<h2>Statement of Profit and Loss<\/h2>\n\t\t\n<style>\n#text-3615238722 {\n  color: #005dac;\n}\n#text-3615238722 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-1605457066\">\n\n\n\t<div id=\"col-754582540\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-731491383\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1646092171\" class=\"col medium-2 small-6 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-287112909\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4187355116\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-4187355116 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-196246096\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-196246096 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-3870139491\" class=\"text\">\n\t\t\n\nFor the year ended 31 March\n\t\t\n<style>\n#text-3870139491 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\" style=\"text-align:center\">Note No.<\/th>\n<th scope=\"col\" style=\"color:#005dac; text-align:right\"><b>2021<\/b><\/th>\n<th scope=\"col\" style=\"text-align:right\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue from contracts with customers<\/td>\n<td><\/td>\n<td style=\"color:#005dac;\">27,132.90<\/td>\n<td>29,111.54<\/td>\n<\/tr>\n<tr>\n<td>Other operating revenue<\/td>\n<td><\/td>\n<td style=\"color:#005dac; text-align:right\">608.18<\/td>\n<td style=\"text-align:right\">807.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">Revenue from operations<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">21<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">27,741.08<\/td>\n<td style=\"text-align:right\">29,918.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">Other income<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">22<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,276.46<\/td>\n<td style=\"text-align:right\">1,733.56<\/td>\n<\/tr>\n<tr>\n<td><b>Total income<\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>29,017.46<\/b><\/td>\n<td style=\"text-align:right\"><b>31,652.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>Cost of raw materials and components consumed <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 18,308.09<\/td>\n<td style=\"text-align:right\"> 19,484.62<\/td>\n<\/tr>\n<tr>\n<td> Purchase of traded goods<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,521.04<\/td>\n<td style=\"text-align:right\">1,586.67<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">Changes in inventories of finished goods, work-in-progress and traded goods<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">23<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">(219.48)<\/td>\n<td style=\"text-align:right\">(63.01)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">Employee benefits expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">24<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,285.96<\/td>\n<td style=\"text-align:right\">1,389.21<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">Finance costs<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">25<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">6.66<\/td>\n<td style=\"text-align:right\">3.16<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">Depreciation and amortisation expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">26<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">259.28<\/td>\n<td style=\"text-align:right\">246.43<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">Other expenses<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">27<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,929.26<\/td>\n<td style=\"text-align:right\">2,454.90<\/td>\n<\/tr>\n<tr>\n<td>Expenses, included in above items, capitalised<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (12.27)<\/td>\n<td style=\"text-align:right\">(29.97)<\/td>\n<\/tr>\n<tr>\n<td><b>Total expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>23,078.54<\/b><\/td>\n<td style=\"text-align:right\"><b> 25,072.01<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before exceptional items and tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">Exceptional items<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">28<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">&#8211;<\/td>\n<td style=\"text-align:right\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td>Tax expense <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Current tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,348.10<\/td>\n<td style=\"text-align:right\">1,547.26<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Deferred tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 36.31<\/td>\n<td style=\"text-align:right\"> (67.04)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">Total tax expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">29<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,384.41<\/td>\n<td style=\"text-align:right\">1,480.22<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b> Profit for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>4,554.59<\/b><\/td>\n<td style=\"text-align:right\"><b>5,099.98<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income<\/b><\/td>\n<td><\/td>\n<td style=\"color:#005dac;\"><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td> Items that will not be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Actuarial gains\/(losses) of defined benefit plans<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 16.33<\/td>\n<td style=\"text-align:right\"> (37.95)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(4.11) <\/td>\n<td style=\"text-align:right\"> 4.76 <\/td>\n<\/tr>\n<tr>\n<td>&emsp;Changes in fair value of FVTOCI equity instruments <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">567.27 <\/td>\n<td style=\"text-align:right\">(550.03)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (65.71)<\/td>\n<td style=\"text-align:right\"> 62.39 <\/td>\n<\/tr>\n<tr>\n<td> Items that will be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"> <\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td> &emsp;Valuation gains\/(losses) on derivative hedging instruments<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">276.65<\/td>\n<td style=\"text-align:right\">(221.11)<\/td>\n<\/tr>\n<tr>\n<td>&emsp; Tax impact on above<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(69.63) <\/td>\n<td style=\"text-align:right\"> 62.09<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income for the year (net of tax)<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>720.80<\/b><\/td>\n<td style=\"text-align:right\"><b>(679.85)<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td> <b>Total comprehensive income for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> <b>5,275.39<\/b><\/td>\n<td style=\"text-align:right\"><b>4,420.13<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">Basic and diluted Earnings per share (in Basic and diluted Earnings per share (in \u20b9)<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">30<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">157.5<\/td>\n<td style=\"text-align:right\">176.3<\/td>\n<\/tr>\n<tr>\n<td>(Nominal value per share \u20b9 10) <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a> <\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-1667733342\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1667733342 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-924010015\">\n\n\n\t<div id=\"col-928604199\" class=\"col medium-6 small-6 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the financial statements.<br \/>\nAs per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-690477256\" class=\"col show-for-medium medium-1 small-6 large-1\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-952924588\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-952924588 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-640540940\" class=\"col hide-for-small medium-5 small-12 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-365217393\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-365217393 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-1825524618\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1825524618 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-384906643\">\n\n\n\t<div id=\"col-1269760433\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &#038; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-58193055\" class=\"col medium-2 small-4 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-81005311\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-81005311 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1500841360\" class=\"col hide-for-small medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2391298123\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-2391298123 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-342988861\">\n\n\n\t<div id=\"col-139739845\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-914593468\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-543112425\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-543112425 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2967204372\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-2967204372 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-534921257\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2787214569\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-2787214569 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-3974834937\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-3974834937 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-751789778\" class=\"col show-for-small small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3218971020\" class=\"text\">\n\t\t\n\n<h2>Statement of Profit and Loss<\/h2>\n\t\t\n<style>\n#text-3218971020 {\n  color: #005dac;\n}\n#text-3218971020 > * {\n  color: #005dac;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(0, 93, 172);\"><\/div>\n\n<div class=\"row row-collapse align-bottom\"  id=\"row-720216261\">\n\n\n\t<div id=\"col-2108413940\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-408446042\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1722968138\" class=\"col medium-2 small-6 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-270949540\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-413736143\" class=\"text\">\n\t\t\n\n( \u20b9 in Crore )\n\t\t\n<style>\n#text-413736143 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-153183633\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-153183633 {\n  padding-top: 10px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-3436739698\" class=\"text\">\n\t\t\n\nFor the year ended 31 March\n\t\t\n<style>\n#text-3436739698 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"margin-top:10px;margin-bottom:10px;max-width:100%;background-color:rgb(128, 130, 133);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<table class=\"table table-sm\">\n<thead>\n<tr>\n<th scope=\"col\">Particulars<\/th>\n<th scope=\"col\" style=\"text-align:center\">Note No.<\/th>\n<th scope=\"col\" style=\"color:#005dac; text-align:right\"><b>2021<\/b><\/th>\n<th scope=\"col\" style=\"text-align:right\">2020<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue from contracts with customers<\/td>\n<td><\/td>\n<td style=\"color:#005dac;\">27,132.90<\/td>\n<td>29,111.54<\/td>\n<\/tr>\n<tr>\n<td>Other operating revenue<\/td>\n<td><\/td>\n<td style=\"color:#005dac; text-align:right\">608.18<\/td>\n<td style=\"text-align:right\">807.11<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">Revenue from operations<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/21-revenue-from-operations\/\">21<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">27,741.08<\/td>\n<td style=\"text-align:right\">29,918.65<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">Other income<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/22-other-income\/\">22<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,276.46<\/td>\n<td style=\"text-align:right\">1,733.56<\/td>\n<\/tr>\n<tr>\n<td><b>Total income<\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>29,017.46<\/b><\/td>\n<td style=\"text-align:right\"><b>31,652.21<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>Cost of raw materials and components consumed <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 18,308.09<\/td>\n<td style=\"text-align:right\"> 19,484.62<\/td>\n<\/tr>\n<tr>\n<td> Purchase of traded goods<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,521.04<\/td>\n<td style=\"text-align:right\">1,586.67<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">Changes in inventories of finished goods, work-in-progress and traded goods<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/23-changes-in-inventories\/\">23<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">(219.48)<\/td>\n<td style=\"text-align:right\">(63.01)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">Employee benefits expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/24-employee-benefits-expense\/\">24<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,285.96<\/td>\n<td style=\"text-align:right\">1,389.21<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">Finance costs<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/25-finance-costs\/\">25<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">6.66<\/td>\n<td style=\"text-align:right\">3.16<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">Depreciation and amortisation expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/26-depreciation-and-amortization-expense\/\">26<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">259.28<\/td>\n<td style=\"text-align:right\">246.43<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">Other expenses<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/27-other-expenses\/\">27<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,929.26<\/td>\n<td style=\"text-align:right\">2,454.90<\/td>\n<\/tr>\n<tr>\n<td>Expenses, included in above items, capitalised<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (12.27)<\/td>\n<td style=\"text-align:right\">(29.97)<\/td>\n<\/tr>\n<tr>\n<td><b>Total expenses<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>23,078.54<\/b><\/td>\n<td style=\"text-align:right\"><b> 25,072.01<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before exceptional items and tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">Exceptional items<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/28-exceptional-items\/\">28<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">&#8211;<\/td>\n<td style=\"text-align:right\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Profit before tax<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>5,939.00<\/b><\/td>\n<td style=\"text-align:right\"><b>6,580.20<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td>Tax expense <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Current tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">1,348.10<\/td>\n<td style=\"text-align:right\">1,547.26<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Deferred tax<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 36.31<\/td>\n<td style=\"text-align:right\"> (67.04)<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">Total tax expense<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/29-tax-expense\/\">29<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">1,384.41<\/td>\n<td style=\"text-align:right\">1,480.22<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b> Profit for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>4,554.59<\/b><\/td>\n<td style=\"text-align:right\"><b>5,099.98<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income<\/b><\/td>\n<td><\/td>\n<td style=\"color:#005dac;\"><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td> Items that will not be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td>&emsp;Actuarial gains\/(losses) of defined benefit plans<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> 16.33<\/td>\n<td style=\"text-align:right\"> (37.95)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center;\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(4.11) <\/td>\n<td style=\"text-align:right\"> 4.76 <\/td>\n<\/tr>\n<tr>\n<td>&emsp;Changes in fair value of FVTOCI equity instruments <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">567.27 <\/td>\n<td style=\"text-align:right\">(550.03)<\/td>\n<\/tr>\n<tr>\n<td>&emsp;Tax impact on above <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> (65.71)<\/td>\n<td style=\"text-align:right\"> 62.39 <\/td>\n<\/tr>\n<tr>\n<td> Items that will be reclassified to profit or loss<\/td>\n<td style=\"text-align:center\"> <\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td> &emsp;Valuation gains\/(losses) on derivative hedging instruments<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">276.65<\/td>\n<td style=\"text-align:right\">(221.11)<\/td>\n<\/tr>\n<tr>\n<td>&emsp; Tax impact on above<\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\">(69.63) <\/td>\n<td style=\"text-align:right\"> 62.09<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><b>Other comprehensive income for the year (net of tax)<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><b>720.80<\/b><\/td>\n<td style=\"text-align:right\"><b>(679.85)<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td> <b>Total comprehensive income for the year<\/b><\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"> <b>5,275.39<\/b><\/td>\n<td style=\"text-align:right\"><b>4,420.13<\/b><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td style=\"text-align: center;\">\u00a0<\/td>\n<td style=\"color: #005dac; text-align: right;\">\u00a0<\/td>\n<td style=\"text-align: right;\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">Basic and diluted Earnings per share (in Basic and diluted Earnings per share (in \u20b9)<\/a><\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/30-earnings-per-share-eps\/\">30<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\">157.5<\/td>\n<td style=\"text-align:right\">176.3<\/td>\n<\/tr>\n<tr>\n<td>(Nominal value per share \u20b9 10) <\/td>\n<td style=\"text-align:center\"><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">Summary of significant accounting policies followed by the Company<\/a> <\/td>\n<td style=\"text-align:center\"><a href=\"https:\/\/investors.bajajauto.com\/ar21\/1-summary-of-significant-accounting-policies-followed-by-the-company\/\">1<\/a><\/td>\n<td style=\"color:#005dac; text-align:right\"><\/td>\n<td style=\"text-align:right\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\t<div id=\"gap-1863550135\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1863550135 {\n  padding-top: 50px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-481483567\">\n\n\n\t<div id=\"col-2060027026\" class=\"col medium-6 small-6 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The accompanying notes are an integral part of the financial statements.<br \/>\nAs per our report of even date<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1706357221\" class=\"col show-for-medium medium-1 small-6 large-1\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1662097771\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-1662097771 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-194290201\" class=\"col hide-for-small medium-5 small-12 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-93754671\" class=\"text\">\n\t\t\n\n<p>On behalf of the Board of Directors<\/p>\n\t\t\n<style>\n#text-93754671 {\n  text-align: right;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-1332413617\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1332413617 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-2029322401\">\n\n\n\t<div id=\"col-113284200\" class=\"col medium-6 small-8 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>For S R B C &#038; CO LLP<br \/>\nChartered Accountants<br \/>\nICAI Firm Registration Number: 324982E\/E300003<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1960595591\" class=\"col medium-2 small-4 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3936604216\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-3936604216 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-905627879\" class=\"col hide-for-small medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-70157583\" class=\"text\">\n\t\t\n\n<p>Rahul Bajaj<br>\nChairman<\/p>\n\t\t\n<style>\n#text-70157583 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-405617680\">\n\n\n\t<div id=\"col-1821357213\" class=\"col medium-5 small-4 large-5\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>per Arvind Sethi<br \/>\nPartner<br \/>\nMembership Number: 89802<br \/>\nPune: 29 April 2021<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1623929601\" class=\"col medium-4 small-4 large-4\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-940378477\" class=\"text\">\n\t\t\n\nSoumen Ray<br>\nChief Financial Officer\n\t\t\n<style>\n#text-940378477 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-349006210\" class=\"text\">\n\t\t\n\nDr. J Sridhar<br>\nCompany Secretary\n\t\t\n<style>\n#text-349006210 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-260383461\" class=\"col medium-3 small-4 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-528369120\" class=\"text\">\n\t\t\n\nRahul Bajaj<br>\nChairman\n\t\t\n<style>\n#text-528369120 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-3590492956\" class=\"text\">\n\t\t\n\nMadhur Bajaj<br>\nVice Chairman\n\t\t\n<style>\n#text-3590492956 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-789","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/comments?post=789"}],"version-history":[{"count":10,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/789\/revisions"}],"predecessor-version":[{"id":3476,"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/pages\/789\/revisions\/3476"}],"wp:attachment":[{"href":"https:\/\/investors.bajajauto.com\/ar21\/wp-json\/wp\/v2\/media?parent=789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}