{"id":102,"date":"2024-05-15T11:43:27","date_gmt":"2024-05-15T11:43:27","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar24\/?page_id=102"},"modified":"2024-06-21T08:35:17","modified_gmt":"2024-06-21T08:35:17","slug":"management-discussion-analysis","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar24\/management-discussion-analysis\/","title":{"rendered":"Management Discussion &amp; Analysis"},"content":{"rendered":"\n<div class=\"row\"  id=\"row-575868911\">\n\n\n\t<div id=\"col-901177260\" class=\"col hide-for-small medium-3 small-12 large-3\"  >\n\t\t<div class=\"is-sticky-column\"><div class=\"is-sticky-column__inner\">\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\">\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\/ar24\/board-of-directors\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tBoard of Directors\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\/ar24\/management-team\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tManagement Team\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\/ar24\/chairmans-letter\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tChairman\u2019s Letter\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\/ar24\/management-discussion-analysis\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tManagement Discussion &amp; Analysis\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\/ar24\/directors-report\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tDirector\u2019s Report\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\/ar24\/corporate-governance\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tCorporate Governance\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\/ar24\/general-shareholder-information\/\" >\n\t\t\t\t\t\t<span class=\"ux-menu-link__text\">\n\t\t\t\tGeneral Shareholder Information\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<\/div><\/div>\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-264223439\" class=\"col 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<div class=\"row\"  id=\"row-22077933\">\n\n\n\t<div id=\"col-1116701462\" class=\"col 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-698228905\" class=\"text\">\n\t\t\n\n<h2 class=\"uppercase\">management discussion &#038; analysis<\/h2>\n\t\t\n<style>\n#text-698228905 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-1785710449\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1785710449 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\n<!DOCTYPE html>\n<html xmlns=\"http:\/\/www.w3.org\/1999\/xhtml\" lang=\"en-US\">\n\t<head>\n\t\t<meta charset=\"utf-8\" \/>\n\t\t<title>MDNA<\/title>\n\t\t<style>\n\t\t\tbody, div, dl, dt, dd, h1, h2, h3, h4, h5, h6, p, pre, code, blockquote {\n\tmargin:0;\n\tpadding:0;\n\tborder-width:0;\n}\nbody {\n\t-epub-hyphens:auto;\n}\ndiv.Basic-Text-Frame {\n\tborder-style:solid;\n}\ntable.Annual-Report-Main-Table {\n\tborder-collapse:collapse;\n\tborder-color:#000000;\n\tborder-style:none;\n\tborder-width:0px;\n\tmargin-bottom:0px;\n\tmargin-top:0px;\n}\ntd.Annual-Report-Main-Table {\n\tborder-left-width:1px;\n\tborder-left-style:solid;\n\tborder-left-color:#000000;\n\tborder-top-width:1px;\n\tborder-top-style:solid;\n\tborder-top-color:#000000;\n\tborder-right-width:1px;\n\tborder-right-style:solid;\n\tborder-right-color:#000000;\n\tborder-bottom-width:1px;\n\tborder-bottom-style:solid;\n\tborder-bottom-color:#000000;\n\tpadding-top:4px;\n\tpadding-bottom:4px;\n\tpadding-left:4px;\n\tpadding-right:4px;\n\tvertical-align:top;\n}\ntd._1_Table_01_Table_Head {\n\tborder-bottom-style:solid;\n\tborder-bottom-width:0px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n\tpadding-left:0px;\n}\ntd._1_Table_02_Table_Rupees_In_Crore {\n\tborder-bottom-style:solid;\n\tborder-bottom-width:0px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n\tpadding-bottom:6px;\n\tpadding-right:0px;\n\tpadding-top:6px;\n\tvertical-align:bottom;\n}\ntd._1_Table_03_Table_Blank-Cell {\n\tborder-bottom-width:0px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n}\ntd._1_Table_04_Table_Particulars {\n\tborder-bottom-color:#666666;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:2px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_06_Table_Thickline_Black {\n\tborder-bottom-color:#666666;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:2px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_07_Table_Thickline_colour {\n\tborder-bottom-color:#005dac;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:2px;\n\tborder-top-width:0px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_08_Table_Thinline_0-5 {\n\tborder-bottom-color:#000000;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-width:0px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tvertical-align:bottom;\n}\ntd._1_Table_11_Table_Text-White-Cell_Plain {\n\tborder-bottom-color:#808285;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_12_Table_Text-White-Cell_Bold {\n\tborder-bottom-color:#666666;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-color:#666666;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_13_Table_Figure-Color-Cell_Plain {\n\tborder-bottom-color:#6d8bc6;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-top-color:#6d8bc6;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_14_Table_Figure-Color-Cell_Bold {\n\tborder-bottom-color:#6d8bc6;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-top-color:#6d8bc6;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_15_Table_Figure-White-Cell_Plain {\n\tborder-bottom-color:#808285;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-width:0px;\n\tborder-right-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\ntd._1_Table_16_Table_Figure-White-Cell_Bold {\n\tborder-bottom-color:#808285;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-right-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n\tpadding-bottom:4px;\n\tpadding-left:0px;\n\tpadding-right:0px;\n\tpadding-top:4px;\n\tvertical-align:bottom;\n}\np._3_Chapter_08_Main_Head {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:25px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:0.88;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:30px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_09_Sub_Head {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:23px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.2;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:20px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_10_Sub_Head_01 {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:19px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.2;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:18px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_11_Sub_Head_02 {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.357;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:6px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_12_Body-Text {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.357;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:9px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_13_Indent_5mm {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.286;\n\tlist-style-position:outside;\n\tmargin-bottom:0;\n\tmargin-left:15px;\n\tmargin-right:0;\n\tmargin-top:9px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:-15px;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_15_Table_Head {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:16px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.125;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:14px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_16_Rupees_In_Crore {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:11px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.182;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_17_Table_Particulars {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_18_Table_Thickline_Black {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_19_Table_Thickline_colour {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_21_Table_Thinline_0-5 {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:center;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_23_Table_Text_Plain {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.357;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_24_Table_Text_Bold {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_26_Table_Figure_Plain {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_27_Table_Figure_Bold {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_28_Table_Figure_Colour {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._4_Table_29_Table_Figure_Bold_Colour {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.286;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:0;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:right;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np.Bullet-and-Numbered-List_Bullet_1 {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.357;\n\tlist-style-position:outside;\n\tmargin-bottom:0;\n\tmargin-left:23px;\n\tmargin-right:0;\n\tmargin-top:6px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:-23px;\n\ttext-transform:none;\n\twidows:1;\n}\np.Bullet-and-Numbered-List_Number-tab {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.357;\n\tmargin-bottom:0;\n\tmargin-left:23px;\n\tmargin-right:0;\n\tmargin-top:12px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:-23px;\n\ttext-transform:none;\n\twidows:1;\n}\nspan.Bold {\n\tfont-family:\"DIN Next LT Pro\", 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{\n\tborder-bottom-color:#005dac;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:2px;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-style:solid;\n\tborder-top-width:0px;\n}\ntd._idGenCellOverride-20 {\n\tborder-bottom-color:#808285;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n}\ntd._idGenCellOverride-21 {\n\tborder-bottom-style:solid;\n\tborder-bottom-width:0px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:0px;\n}\ntd._idGenCellOverride-22 {\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-color:#666666;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-23 {\n\tborder-bottom-color:#6d8bc6;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-24 {\n\tborder-bottom-color:#6d8bc6;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-25 {\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#666666;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-26 {\n\tborder-bottom-style:solid;\n\tborder-bottom-width:0px;\n\tborder-top-style:solid;\n\tborder-top-width:0px;\n}\ntd._idGenCellOverride-27 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{\n\twidth:105px;\n}\ncol._idGenTableRowColumn-27 {\n\twidth:588px;\n}\ncol._idGenTableRowColumn-28 {\n\twidth:806px;\n}\ntr._idGenTableRowColumn-29 {\n\theight:23px;\n}\nimg._idGenObjectAttribute-1 {\n\twidth:100%;\n}\nimg._idGenObjectAttribute-2 {\n\twidth:100%;\n}\nimg._idGenObjectAttribute-3 {\n\twidth:100%;\n}\nimg._idGenObjectAttribute-4 {\n\twidth:100%;\n\tpadding-top: 10px;\n\tpadding-bottom: 10px;\n}\nimg._idGenObjectAttribute-5 {\n\twidth:50%;\n}\nimg._idGenObjectAttribute-6 {\n\twidth:100%;\n}\nimg._idGenObjectAttribute-7 {\n\twidth:50%;\n}\nimg._idGenObjectAttribute-8 {\n\twidth:50%;\n}\nimg._idGenObjectAttribute-9 {\n\twidth:90%;\n}\nimg._idGenObjectAttribute-10 {\n\twidth:90%;\n}\nimg._idGenObjectAttribute-11 {\n\twidth:100.00%;\n}\np._3_Chapter_08_Main_Head {\n\t-epub-hyphens:none;\n\tcolor:#005dac;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:25px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:0.88;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:30px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_10_Sub_Head_01 {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:19px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.2;\n\tmargin-bottom:0;\n\tmargin-left:0;\n\tmargin-right:0;\n\tmargin-top:18px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:0;\n\ttext-transform:none;\n\twidows:1;\n}\np._3_Chapter_10_Sub_Head_01Paga-tab {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:Poppins, sans-serif;\n\tfont-size:19px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:bold;\n\tline-height:1.2;\n\tmargin-bottom:0;\n\tmargin-left:23px;\n\tmargin-right:0;\n\tmargin-top:18px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:-23px;\n\ttext-transform:none;\n\twidows:1;\n}\np.Bullet-and-Numbered-List_Number-tab {\n\t-epub-hyphens:none;\n\tcolor:#000000;\n\tfont-family:\"Poppins Light\", sans-serif;\n\tfont-size:14px;\n\tfont-style:normal;\n\tfont-variant:normal;\n\tfont-weight:300;\n\tline-height:1.357;\n\tmargin-bottom:0;\n\tmargin-left:23px;\n\tmargin-right:0;\n\tmargin-top:12px;\n\torphans:1;\n\tpage-break-after:auto;\n\tpage-break-before:auto;\n\ttext-align:left;\n\ttext-decoration:none;\n\ttext-indent:-23px;\n\ttext-transform:none;\n\twidows:1;\n}\np.ParaOverride-1 {\n\ttext-indent:0px;\n}\n\n\t\t<\/style>\n\t<\/head>\n\t<body id=\"MDNA\">\n\t\t<div id=\"_idContainer015\" class=\"Basic-Text-Frame\">\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Among the major nations of the world, India will have posted the highest GDP growth for FY2024. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The second advance estimate released by the National Statistics Office (NSO) on 29 February 2024 pegged real GDP growth in FY2024 at 7.6%. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">In its latest<span class=\"Italic\"> <i>World Economic Outlook<\/i><\/span> (January 2024), the IMF has placed India as the fastest growing major economy in the world for both CY2024 and CY2025.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">That is not all. Consumer price inflation (CPI) has significantly moderated and the current account deficit (CAD) has also reduced.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">It would seem, therefore, that the Indian economy is in a sweet spot and is by far the fastest growing major economy in the world. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Given this encouraging macroeconomic scenario, it is not surprising that consumer sentiments have stepped up. And Bajaj Auto has performed better than ever before. Here is a snapshot. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-1\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Chart_E-copy@3x.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text ParaOverride-1\"><img decoding=\"async\" class=\"_idGenObjectAttribute-2\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/financial_Performance.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Charts A and B plot the Company\u2019s financial performance<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-3\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/B-TO-D@3x.jpg\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Coming to our business <\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">Domestic Business:<\/span> Achieved record revenue with double-digit growth for eight consecutive quarters, driven by volume growth across all segments, including motorcycles, premium bikes, three-wheelers, and electric vehicles.<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">Exports: <\/span>Amidst challenging macroeconomic conditions across key overseas markets, exports stepped up in the second half of the year to end full year revenue at the same level as previous year. This was led by the Latin America and Middle East regions which partly alleviated the drop in Africa and Asia. <\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">Domestic Motorcycles:<\/span> Maintained its strong competitive performance. In 125cc+ segment, led by Pulsar models, our growth was eight times that of the rest of the industry, making it the biggest ever year in this segment.<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">KTM and Triumph:<\/span> KTM achieved its highest sales in the year and Triumph which delivered over 40,000 units in its first eight months post launch is adding further strength to the company\u2019s premium bike portfolio. Triumph\u2019s expansion is well underway having been present in 56 cities domestically and 16 countries worldwide at the end of the financial year.<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">Commercial Vehicles:<\/span> Achieved historic high volumes, growing over 50% year-on-year. The Bajaj \u2018RE\u2019 and \u2018Maxima\u2019 products captured an 80% market share for the first time. The much awaited electric three wheelers was successfully rolled out and encouraging launch experience in the early cities prompted its acceleration of network expansion across the country.<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Bullet_1\"><span class=\"Bullet _idGenBNMarker-1\">\u25cf<\/span><span class=\"Bold\">Chetak EV:<\/span> Volumes tripled year-on-year, now #3 player in the segment. Product innovation, network expansion (present in 164 cities), and brand activation are driving this growth.<\/p>\n\t\t\t<p class=\"_3_Chapter_09_Sub_Head\">Motorcycles (domestic)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">FY2024 saw a growth of 13.9% in the domestic motorcycle industry. In this industry, how did Bajaj Auto perform?<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Table 1 gives the data on domestic sales. <\/p>\n\t\t\t<table id=\"table001\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-1\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-5\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-1\" colspan=\"11\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 1: <\/span>Domestic Sale of Motorcycles (in numbers)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Year ended 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">Domestic sales for the industry (nos.)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">Domestic sales growth<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">BAL\u2019s domestic sales (nos.)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">BAL\u2019s domestic growth<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">BAL&apos;s market share<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-1 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 8,984,186 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">(10.3%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,632,897 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">(9.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">18.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 10,230,502 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">13.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,769,575 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">8.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">17.3%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 11,653,237 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">13.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 2,121,491 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">19.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-2 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">18.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">In FY2024, Bajaj Auto\u2019s sales increased by 19.9% to over 2.1 million units \u2013 the second highest volume of domestic sales over the last decade and consequently market share increased by 90 basis points to 18.2%.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto is firmly entrenched in the domestic motorcycle market with its key brand \u2014 Pulsar. In FY2024, Pulsar as a brand grew by 37% and sold over 1.4 million units. This was the highest ever sales in any financial year since inception of Pulsar<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Having said so, a question arises: as vast number of Indian customers are getting more prosperous, style conscious and have ready access to consumer finance, are we seeing a fundamental shift in the domestic market for motorcycles?<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The answer is a yes. To understand it, we need to go back some 15 years when there really was an overwhelming mass of basic 100cc motorcycles. It was a market about price, durability and fuel economy. Style, speed and power had not yet entered the consumers\u2019 imagination.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><span class=\"Bold\">100cc-110cc segment:<\/span> Not surprisingly, therefore, all motorcycle manufacturers focused on the 100cc-110cc segment; and even to this day, in terms of volumes, it accounts for 49% of total domestic sales. In FY2024, this segment grew by 7%. Bajaj Auto is present here with its CT and Platina brands which averaged sales of almost 49,000 units per month and accounted for 10% share of this category. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">It needs to be stated that though popular to consumers at the bottom of the riding pyramid, this segment often tend to face great pricing pressures; and have to live with small margins that come under severe pressure with rising input cost.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><span class=\"Bold\">125cc and above segment: <\/span>Bajaj Auto has chosen to concentrate on the more stylish, more modern 125cc and above segment \u2014 by far the fastest growing segment. Industry volume in this segment grew by an impressive 21% in FY2024; and it accounted for over 50% of the total volume of motorcycle sales in India. With Pulsars, Dominars, KTMs, Husqvarnas, Avengers and Triumphs, Bajaj Auto sold over 1.5 million units in FY2024 and accounted for 26% share in this category.<\/p>\n\t\t\t<p class=\"_3_Chapter_11_Sub_Head_02\">Bajaj Auto plays in both the segments. <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>First, the basic 100cc-110cc segment. Here, the Company carefully calibrates value, balancing the price versus cost equation. <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Second, the 125cc and above segment, which is the fastest growing and caters to customers opting for stylish, powerful and brilliantly designed \u2018look-me-in-the-face\u2019 bikes. This gives both profits and volumes.<\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Probiking<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">KTM and Husqvarna motorcycles form the core of Bajaj Auto\u2019s Probiking business. In FY2024, KTM delivered its highest ever retail sales and billing since its inception (see Chart C). KTM motorcycles are available across the country in 125cc, 200cc, 250cc and 390cc categories. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">KTM upgraded its world-famous Duke range with the third generation Duke 390cc and the Duke 250cc. These completely new bikes offer sharper handling, superior performance, segment first electronically driven technological features like traction control, cornering ABS and multiple ride modes. KTM also strengthened its Adventure range with the launch of the special Rally edition Adventure 390 with adjustable suspension and spoke wheels. The Husqvarna range was also upgraded with a brand-new generation of the Svartpilen 401 and the Vitpilen 401.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-4\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Chart_E@3x.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The business is driven on the back of world-class high-performance products, experimental rides along with community management and customer experience. The rides and community program started three years ago and goes under the Pro-XP \u2013 Experiences That Make You A Pro. The program runs tours, academies, rides and overnighters for KTM customers. This year more than 20,000 customers participated in these unique experiences. The KTM brand has been driving customer experience through high Net Promoter Score (NPS). Last year, it delivered an industry high 90% NPS. <\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Triumph<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The Triumph is a truly iconic 120 year-old British brand. Who can forget Steve McQueen, Paul Newman, Marlon Brando, Warren Beatty, Elvis Presley or Peter O\u2019Toole riding theirs Triumphs? <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">After years of joint development, Bajaj Auto launched two Triumph models: the Speed400 and the Scrambler400X, which are being produced in our new Chakan 2 plant. As a modern classic, Triumph plays in the large bike segment and fills the gap of technology-led, high-performance motorcycles designed in their timeless forms. These two bikes were globally revealed in London in June 2023; which was followed by the first launch in India in July 2023. Both models generated unprecedented excitement and sold over 40,000 units in about nine months from launch. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto also took over the existing distribution network of Triumph in India of 15 showrooms. In nine months since the launch, this network has been expanded to 78 showrooms across 56 cities. <\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Urbanite (Chetak EV)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Chetak EV demonstrates the future of mobility \u2013 offers a digitised, fully-connected riding experience by virtue of being embedded with mobility solutions like data communication, security and user authentication. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Introduced in 2020, the Company sold 8,187 units in FY2022, 36,260 in FY2023 and 115,702 in FY2024. Bajaj Auto introduced a second model, the Chetak Urbane, in November 2023 and upgraded the Chetak Premium in December 2023. Currently, these two models, are offered through a network of 204 dealers in over 160 cities and is at #3 position, from #7 last year. This was achieved on the back of significant efforts behind building supply chain capabilities, investments in R&amp;D and growing retail presence offering superior customer experience. Table 2 gives the data.<\/p>\n\t\t\t<table id=\"table002\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-9\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-10\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-10\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-5\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 2: <\/span>Domestic Sale of Chetak EV (in numbers)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Year ended 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">Nos.<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\"> Growth<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">8,187<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">487%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">36,260<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">343%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">115,702<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">219%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Three-Wheelers (Domestic)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">FY2024 has seen the highest ever volume of domestic sales for both the internal combustion engine (ICE) variants and the relatively more recent electric three wheelers. Total domestic sales for ICE and electric three-wheelers surpassed 681,000 units in FY2024. Increasing CNG pump network, attractive retail finance offerings, better earnings for the drivers and pent-up demand were the key drivers of growth. The quantitative performance is highlighted in Table 3. <\/p>\n\t\t\t<table id=\"table003\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-12\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-13\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-5\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 3: <\/span>Domestic Sale of Three-Wheelers (in numbers)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-3 _idGenCellOverride-1\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\" rowspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_08_Table_Thinline_0-5 _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-10\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_21_Table_Thinline_0-5\">ICE three-wheelers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_08_Table_Thinline_0-5 _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-10\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_21_Table_Thinline_0-5\">EV three-wheelers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-11\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-4 _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-13\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2022<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-14\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Passenger carriers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Industry sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">483,955<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">329,784<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">166,147<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">69,887<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">15,628<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">4,923<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">400,846<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">261,386<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">130,172<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">10,761<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto market share<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">82.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">79.3%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">78.3%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">15.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Goods carriers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Industry sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">95,276<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">81,309<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">67,900<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">32,044<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">17,018<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">6,764<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">50,336<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">38,623<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">30,427<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1,470<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto market share<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">52.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">47.5%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">44.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">4.6%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Total three-wheelers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Industry sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">579,231<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">411,093<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">234,047<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">101,931<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">32,646<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">11,687<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">451,182<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">300,009<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">160,599<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">12,231<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Bajaj Auto market share<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">77.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">73.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">68.6%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">12.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-5 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Regarding the ICE three-wheelers:<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>The Company continued to enjoy by far the dominant market share in ICE three-wheelers. In FY2024, market share increased by an impressive 490 basis points to 77.9%.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Bajaj Auto\u2019s competitive position strengthened in both passenger and cargo segments. In FY2024, sales increased by 50% to 451,182 units.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Bajaj Auto\u2019s passenger vehicle sales grew by 53% with a volume of 400,846; and that of cargo grew by 30% to 50,336 units.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">A very interesting and potentially revolutionary move in FY2024 has been Bajaj Auto introducing electric three-wheelers in both the passenger and goods carrier segments. The gaining popularity and the segment leadership in the early launch cities is very encouraging, leading to advancement of rollout plans. The electric three-wheelers are currently sold across 60 cities. We expect considerable demand in this category.<\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Exports<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">FY2024 has been a difficult year for exports &#8211; largely due to geopolitical uncertainties and economic challenges like hyper-inflation and scarcity in dollars availability in our key export geographies.<\/p>\n\t\t\t<p class=\"_3_Chapter_11_Sub_Head_02\"><span class=\"Bold\">In FY2024 <\/span><\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>We sold 1.64 million units versus 1.82 million vehicles in the previous year.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>LATAM region recorded highest ever motorcycle sales.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Table 4 and Chart D track Bajaj Auto\u2019s export performance.<\/p>\n\t\t\t<table id=\"table004\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-15\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-16\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-16\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-16\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-17\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-1\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 4: <\/span>Export Volume and Value, for Bajaj Auto<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">Change<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-14\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-7 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-7 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Units<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Motorcycles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1,477,338<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">1,636,956<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">(9.8%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Commercial Vehicles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">158,872<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">184,284<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">(13.8%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-20\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Total numbers<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 1,636,210 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 1,821,240 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">(10.2%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Exports in <span class=\"ITF-Rupee\" lang=\"en-GB\">\u20b9 <\/span>(crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">14,449 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 14,458 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">(0.1%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Exports in USD (million)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 1,705 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 1,787 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-6 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">(4.6%)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_11_Sub_Head_02\"><img decoding=\"async\" class=\"_idGenObjectAttribute-4\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Artboard-G@3x.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_11_Sub_Head_02\">Motorcycle exports: <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Bajaj Auto maintained No.1 position in the top 9 out of 12 countries that it exports to.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Latin America (LATAM) and Middle East-North Africa (MENA) registered significant growth: 17% in the former and 29% in the latter.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Export of Pulsars has grown by 26%. Sports brands that enjoyed good growth were the Pulsar NS125, N160, NS160, NS200, N250, the RS200 and the Dominar 250.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>The jointly developed Triumph Speed400 and Scrambler400X motorcycles are currently being seeded across 16 countries.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Within LATAM, Argentina, Mexico, Peru, Guatemala have shown volume growth. Similarly, within MENA, exports to Ethiopia, Turkey and Saudi Arabia have grown considerably. <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Bajaj Auto continues to retain leadership in Nigeria despite economic and currency headwinds; and grow market share in Colombia, Mexico, Argentina, Guatemala, Turkey, Ethiopia.<\/p>\n\t\t\t<p class=\"_3_Chapter_11_Sub_Head_02\">Commercial vehicles exports: <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Leadership position was maintained in Top 11 out of 12 countries.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Qute exports increased by 83% versus FY2023 largely due to growth in LATAM. <\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>LATAM and East and South Africa have registered significant growth in FY2024: 38% in the former and 50% in the latter.<\/p>\n\t\t\t<p class=\"_3_Chapter_13_Indent_5mm\"><span class=\"Bullet _idGenBNMarker-2\">\u25cf<\/span>Bangladesh, Myanmar, Afghanistan, Peru, Mexico and Guatemala have shown growth in both volumes and market share.<\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">R&amp;D<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">During FY2024, Bajaj Auto\u2019s R&amp;D strengthened its thrust on the premium and sports category of motorcycles as well as in EV portfolio of two and three-wheelers. Introduction of new products and upgrades is reflected in strong performance of the Company. <\/p>\n\t\t\t<p class=\"_3_Chapter_09_Sub_Head\">ICE Products<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">N250 and F250 upgrade<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The Pulsar N250 and F250 is upgraded for an enhanced user experience with fully digital reverse LCD monochrome instrument cluster with bluetooth connectivity and turn-by-turn (TBT) navigation. A new Bajaj Ride Connect App has been developed to support the connectivity features. Technology upgrades like traction control system with three selectable ABS ride modes, viz. Road, Rain and Off-Road, offer enhanced rider safety under varying conditions. In addition, N250 is with an upside-down Front Fork and wider front and rear tyres for enhanced vehicle ride and handling. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\"><img decoding=\"async\" class=\"_idGenObjectAttribute-5\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Pulsar_N250.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">N160 upgrade and N160 Premium<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The N160 has been upgraded with new fully digital reverse LCD monochrome instrument cluster with bluetooth connectivity. Additionally, the N160 Premium Variant has been launched with an Upside-down Front Fork Suspension. It also has a smoother assist and slipper (A&amp;S) clutch, TBT navigation, sleek LED indicators and three ABS ride modes. Both versions come with the supporting Bajaj Ride Connect App to allow features like call accept \/ reject, message alerts etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\"><img decoding=\"async\" class=\"_idGenObjectAttribute-5\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Pulsar-N160.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">N150 Single Disc and Twin Disc<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The N150 Single and Twin Disc are designed with an all-new aerodynamic front facia with sculptural purity and a dynamic interplay of metalized dual colours. These bikes have brilliant class D Bi-functional LED projector head lamps, fully digital reverse LCD monochrome instrument cluster with bluetooth connectivity, supported by the Bajaj Ride Connect App. With a more upright stance in single disc variant and a sportier stance in the twin disc, the new Pulsar N150 is designed to provide more comfort and thrill. Both models have been received well in the market.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\"><img decoding=\"async\" class=\"_idGenObjectAttribute-5\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/N150_TWIN_DISK.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">NS125, 160 and 200 Upgrade<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">NS125, 160 and 200, our muscular streetfighters, have been upgraded with a fully digital reverse LCD monochrome instrument cluster. The Bajaj Ride Connect App seamlessly connects the bike to the rider. The bikes now has an all-new aggressive LED headlamp in character with the streetfighter positioning. A USB socket charger has been added for rider convenience. The NS160UG and NS200UG headlamps have integrated LED daytime running lights (DRLs), LED blinkers and instrument cluster with TBT navigation. The all-new LED headlamp set up with LED blinkers on the NS160 and the NS200 offers best in class lighting performance and elevate an already stunning look. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\"><img decoding=\"async\" class=\"_idGenObjectAttribute-6\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Pulsar_NS125_NS160_NS200.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Classic Pulsars Upgrade<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The entire classic Pulsar lineup of Pulsar 125cc, 150cc and 220cc have been upgraded with the new fully digital reverse LCD monochrome instrument cluster, bluetooth connectivity and USB socket charger. The Pulsar 220cc also get s TBT Navigation. It is also equipped with the new LH Control switch with \u2018M\u2019 button for accepting\/rejecting calls, selection and switching of modes. In all these models, the Bajaj Ride Connect App allows the rider to seamlessly interact with the bike.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\"><img decoding=\"async\" class=\"_idGenObjectAttribute-5\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Pulsar-150.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Triumph Speed 400<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto and Triumph have worked closely together to create two world class bikes: the Speed 400 and the Scrambler 400X. The Speed 400 has set the benchmark for a modern classic roadster. With Triumph\u2019s iconic styling and attention to detail, it sets the tone in its class with performance, drive and linear power delivery. 80% of the maximum engine torque is available from 2,500 rpm to 7,500 rpm, which makes it extremely tractable and effortless. The refinement levels are outstanding compared to benchmark world competition. The Speed 400 brings the classic Triumph style, agile handling, responsive performance, and a category-defining quality to a new class of riders. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-7\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Triumph-Speed-400.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Triumph Scrambler 400 X <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The purposive design DNA of Triumph\u2019s successful Scrambler 900 and Scrambler 1200 family has been brought into the 400cc class. This timeless classic design has evolved beautifully with modern touches. Packed with confidence inspiring chassis and a rugged off-road attitude with extra suspension travels, this motorcycle brings the authentic \u2018Scrambler\u2019 experience to a long distance travel. A comprehensive OE accessory system has been developed to cater to the needs of the rider. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-8\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Triumph-Scrambler-400-X.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">KTM Duke 390 \/ 250 Gen3<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The Gen3 Duke 390 with an all new engine and vehicle platform has been introduced. Highlights are: offset mono shox mated to a cast aluminium banana swing arm, cast aluminium rear sub-frame, cornering ABS with motorcycle traction control, bonded glass TFT speedometer with connected features including TBT navigation, hazard lights and a bigger 15 litre fuel tank. Handling and power delivery, the hallmark of Duke, have been further enhanced in a true Ready-to-Race spirit. The new generation engine also offers better ground clearance along with weight optimisation.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Duke 250 Gen3 comes in as a sibling to the 390, with an all-new engine optimised for cost and weight. This has made the vehicle lighter while substantially improving driveability and handling. The quick shifter feature enabled by electronic throttle, LCD instrument with connectivity features including TBT navigation and a bigger dot matrix screen adds to enhanced user interface experience.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-9\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/KTM_Duke_390_250_Gen3_.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Husqvarna Svartpilen 401 \/ Vitpilen 250 MY24<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The all new Husqvarna Svartpilen model has been launched in India for the first time as a 400cc bike. It comes with spoked wheels and semi-knobby tires to match the character of a scrambler. The new, clean, and elegant Swedish design with its unique style and stance makes this bike stand out among the crowd. The Vitpilen 250, with its directional tyres and an appropriate ride posture as a street version, comes in refreshing white colour with alloy wheels making the bike look really cool. A large 13 litre fuel tank gives it a good range with the 250cc engine. A bigger LCD screen with an optional connectivity feature enhances the user experience.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-10\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Husqvarna_Svartpilen_401_Vitpilen_250_MY24_.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_09_Sub_Head\">EV Products<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Chetak Premium and Urbane<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The Chetak variants have been upgraded with improved aesthetics, features and performance while substantially lowering costs. The Chetak Premium now features a 5-inch TFT instrument cluster, higher capacity battery for increased range, increase in maximum speed and a higher under-seat storage volume. The Chetak Urbane features a colour LCD instrument cluster, offboard charger as well as a higher under-seat storage. TecPac unfolds many user interface enhancement features as well as functions like Ride modes, App connectivity, Sequential blinkers, Music play-pause etc.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-7\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Chetak-Premium.png\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">RE EV 9.0<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">RE EV 9.0 is our first electric 3-wheeler in the passenger segment. It carries forward the DNA of our RE Autorickshaw platform with an efficient Li-Ion battery pack. The in-house designed electric motor and all electronic control units coupled with an innovative two-speed automated manual transmission (AMT) provide class leading efficiency. This, along with radial tyres, deliver best-in-class range, performance and acceleration. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Maxima Cargo 9.0 &amp; 12.0<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Maxima-Cargo has been transformed into an electric cargo vehicle with two battery pack options. The product carries the ruggedness and load carrying ability of the Maxima Cargo and best-in-class performance and range that is more than sufficient for daily operations. The innovative two-speed AMT transmission developed in-house provide class leading efficiency. Both products are offered in two Load Tray sizes to cater to different market segments and can carry 750 kg payload up typically encountered gradients. Nothing comes close to this. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-9\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Maxima-Cargo-9.0.png\" alt=\"\" \/><\/p>\n\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Operations<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">TPM <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto\u2019s \u2018back end\u2019 consists of its manufacturing, engineering, development, and materials function. The principles and philosophy of TPM guide and align these functions to achieve excellence, enhanced productivity, world-class quality, all at low cost. \u2018The TPM way\u2019 has been successfully extended to BAL vendors, dealers, and international distributors.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Auto\u2019s TPM at Operations<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">In FY2024, the Chakan plant of Bajaj Auto Ltd was conferred with the most coveted and prestigious award for \u2018World Class TPM Achievement\u2019 by JIPM (Japan Institute of Plant Maintenance). This is \u2018The First\u2019 for any Indian origin company\u2019s plant across the entire industry. Chakan has become the 31st plant in the world to get this prestigious award. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto also received the award for \u2018Global Leaders Initiative for TPM\u2019, which is a first for any Indian Company.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><img decoding=\"async\" class=\"_idGenObjectAttribute-11\" src=\"https:\/\/investors.bajajauto.com\/ar24\/wp-content\/uploads\/2024\/06\/Award_for_Global_Leaders_Initiative_for_TPM_-_Group_New-scaled.jpg\" alt=\"\" \/><\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our back-end has defined various \u2018focused improvement themes\u2019. Over the years, we have established a production system that can flexibly respond to faster new product manufacturing as well as meet volatility, uncertainty, complexity and ambiguity (VUCA) in market demands. Our engineering has developed capabilities through its various verticals including automation and robotics to improve operational parameters in both production and process management. Further, to improve and excel, we work on the \u2018Bajaj Production System (BPS)\u2019 which aims at \u2018Better Flow with Better Quality\u2019, aligning our efforts at the back end to encompass the entire supply chain.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Vendor TPM Activities<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Co-existence and co-prosperity of our business partners is equally important. Bajaj Auto facilitates fair trade, environmentally preferable purchasing, human resources development and efficient procurement. We actively promote and monitor good ESG practices throughout the supply chain. 5 vendor partners were honoured with JIPM awards in FY2024. The total number of vendors achieving JIPM TPM awards till date are 35. The groundwork was laid by the Bajaj TPM Excellence Award with 77 vendors achieving this till date. This reflects a strong alignment between Bajaj Auto and its vendors in embracing the principles of TPM \u2014 that is now being extended to Tier 2 Vendors. Under the Safety, Health, Governance and Environment pillar of BAL\u2019s TPM and in alignment with the \u2018Green Purchase Policy\u2019, various activities were initiated \u2014 with majority of our vendors having been certified for ISO 14001 &amp; OHSAS 18001. A set of 45 vendors have started using renewable energy and implemented rooftop solar equivalent that can fulfil the need for 37 MW power. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">TPM in Dealer Service and Overseas Distributor Plants<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">TPM methodologies are being continuously practiced by our business partners in India and other global locations and the culture of kaizen is well spread across our dealers and distributors. Over 100 kaizens are implemented with active involvement of their employees.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">We started TPM implementation at our international distributor plants four years ago. As of FY2024, 22 distributor plants have been practicing TPM for over a year. They are now experiencing major improvements in productivity, first-time-right quality and optimization in cost parameters. Five of our distributor plants qualified for the \u2018BAL TPM Award\u2019. As on 31 March 2024, we had 1,131 dealerships practicing TPM and 624 dealerships have been awarded the \u2018BAL TPM Award\u2019. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Capacity and Employee Strength<\/p>\n\t\t\t<table id=\"table005\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-18\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-19\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-20\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-21\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-22\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-23\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-21\" colspan=\"6\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 5: <\/span>Plant-wise capacities (in units per annum) &#8211; BAL + CTL<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Plant<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-8 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-19\" colspan=\"2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">As on 31 March 2024 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-8 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\"> Product Range<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-22\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-23\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-24\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-25\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Waluj<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Motorcycles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">2,700,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Boxer, CT, Platina, Discover, Pulsar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Commercial Vehicles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">930,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Passenger Carriers, Good Carriers, Quadricycle <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Chakan 1<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Motorcycles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">900,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Pulsar, Avenger, Dominar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Chakan 2<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Motorcycles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">300,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">KTM, Husqvarna, Triumph<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Chakan 1 \/ Akurdi<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Scooters<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">480,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Chetak, Yulu<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Pantnagar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">Motorcycles<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1,800,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">CT, Platina and Pulsar<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">7,110,000<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">As of 31 March 2024, BAL\u2019s employee strength stood at 8,570. This excludes Chetak Technology Limited\u2019s employee strength of 256.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Women Employment<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our women employee strength has grown over four times: from 148 in FY2014 to 643 in FY2024. Almost 55% of the women are working in manufacturing plants and in engineering. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Human Resource (HR)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">FY2024 has been significant for the HR function at Bajaj Auto. We have been able to make big strides in our HR agenda by (i) strengthening our employer brand; (ii) enabling more learning opportunities for across diverse skill-sets; and (iii) building further on engaging our talent.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our ability to attract experienced and top-tier talent from the best of India\u2019s campuses has seen an upward trend. Our presence in India\u2019s premier engineering campuses \u2014 the IITs and NITs has strengthened. While engaging college talent through our flagship events of TORQ and OHM on engineering campuses, we have created another property called \u2018Watt\u2019s Up\u2019, which is our tech talk series. Through these events, 5,000 students have been actively engaged with our employer brand. These efforts resulted in 44% of our total Graduate Trainee Engineers (GTE) 2024 offers being made to IITians. Our efforts in attracting women talent resulted in over 100 GTE offers to women engineer.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our employer brand has seen increased engagement through our LinkedIn page. With 1.3 million followers, we have maintained our position of having the largest followership for any two and three-wheeler company worldwide.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Given our focus on growing talent from within, we launched a structured First Time Managers Program to invest in the long-term success. Also, with a multi-generational mix of our workforce, we have instituted a Multi\u2013Generational Leadership Program to equip leaders and managers with skills to effectively lead across diverse generations.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">This year, we have also rolled out capability-building initiatives to address personalized learning needs of 100% of our first line managerial talent population through iExcel and Functional Skill Mapping. We have extended our Learning &amp; Education Assistance Program (LEAP) to include three more leading institutes: University of Warwick, IISc Bangalore, and BITS Pilani. Alongwith our existing collaborations with Loughborough University and IIT Madras, we now offer over 30 diverse programs. Through these five institutes, our talent has now access to Masters and Certification programs that offer learning in cutting edge and future skills. <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Through our Development Centre (DC) process, we have reached a cumulative penetration of leadership competency-based feedback for almost 95% of our top talent. With an increasing number of women joining us every year, our flagship initiative, Up!Swing, that is exclusively offered to women, continued this year. Through Up!Swing, we focus on enabling our women talent to develop into leadership roles. We also launched a maternity handbook this year to sensitise team managers and peers towards women\u2019s experiences before, during, and after maternity.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our annual employee engagement survey, Pulse, was rolled out for the second time this year. Pulse achieved an impressive response rate of 96%. Our employee engagement scores rose to 88%, surpassing the score of previous year. In addition, we collaborated with a global partner, Ethisphere Institute, and launched an Ethics Survey, which was participated by some 1,500 employees. Feedback from the survey will help in enhancing our understanding and adherence to ethical values.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">For three consecutive years, Bajaj Auto has been recognised as a \u2018Company with Great Managers\u2019 by an independent third-party organization. Our employees have also been recognized on multiple forums like 1000 Women\u2019s Leaders, The Great Managers Award, HR 30under30 and HR 40under40 Future HR Leaders. <\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Corporate Social Responsibility (CSR)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto is building competence around selected areas and help focus on large scale impact.<\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Skilling Initiatives<\/p>\n\t\t\t\n\t\t\t\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">A.&#9;Bajaj Engineering Skills Training (BEST)<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">This initiative is in collaboration with top NIRF-ranked universities and engineering colleges to make the youth competent and employable. The objective is to establish state-of-the-art centres with laboratories having world-class equipment to enable hands-on-skilling of engineers and diploma holders. The first BEST centre was recently inaugurated at the Symbiosis Institute of Technology, for 120 students \u2013 with an aim to expand with additional 15 universities. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">B.&#9;Bajaj Manufacturing Systems (BMS) Certification program<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">This initiative aims to impart industry knowledge to ITI and polytechnic students, through a user-friendly Learning Management System. The program partners with technical institutions to provide exposure to students across 9 modules based on TPM practices implemented at Bajaj Auto. Over 3,000 students from government and private ITI institutes were successfully certified. The program is set to expand significantly, with plans for introduction to additional 6 states.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">C.&#9;Lighthouse Communities Foundation<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">Lighthouse Communities Foundation is a non-profit organisation working towards building inclusive communities with special focus to enhance employment opportunities through activities like vocational skilling, counselling and training to set-up mini enterprise. It has operationalised a centre at the Janta Vasahat slum in Pune and enabled over 1,000 youth. <\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Education programs in and around our local area<\/p>\n\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">A.&#9;Scholarships for Higher Education <\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">Bajaj Auto has initiated the \u2018Rupa Rahul Bajaj Scholarship Program\u2019 which aims at aiding students from underprivileged backgrounds to pursue higher education in esteemed universities and colleges. With a meticulous selection process to identify eligible candidates, in FY2024, scholarship\/financial assistance was granted to 11 students for four years.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">B.&#9;Bharatiya Yuva Shakti Trust (BYST-Youth Entrepreneurship &#9;Development &#9;&#9;Program)<\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">The program is dedicated to assist underprivileged young entrepreneurs by providing supplementary financing and voluntary assessments, personalised guidance from mentors who are from similar industries. Bajaj Auto has pledged to mentor 1,500 young individuals through BYST, aiding them in building their enterprises and fostering sustainable growth.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">C.&#9;Youth Organization for Joining Action and Knowledge (YOJAK) <\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">YOJAK offers an easily accessible platform tailored to needs of disadvantaged students, particularly girls, empowering them with essential skills and support pivotal for pursuing careers in Science Technology Engineering Mathematics (STEM) -related fields. With a network of 12 learning centres in Pune, YOJAK delivers academic excellence through subject-specific remedial classes alongside experiential learning and social support. In FY2024, over 2,000 students from grades 8 to 12 received support.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01Paga-tab\">D.&#9;Foundation of Advancing Science and Technology (FAST) <\/p>\n\t\t\t<p class=\"Bullet-and-Numbered-List_Number-tab ParaOverride-1\">FAST is dedicated to engage and inspire the Indian civil society with the wonders of scientific exploration. With a primary focus on youth, particularly those considering or already pursuing science as a potential academic or career path, FAST endeavours to narrow the divide between science practitioners and the wider community. These initiative aims to impact over 8,000 youth in the near future. FAST has outlined four key objectives: (i) Cultivating a vibrant science culture, (ii) Amplifying awareness of science and technology, (iii) Advocating for inclusivity within the scientific community and (iv) Bridging the spectrum of science and technology.<\/p>\n\t\t\t\n\t\t\t\n\t\t\t\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Programs under Environment sustainability<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Animal Welfare <\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto is extending its support to Canine Care and Control, an organization dedicated to animal welfare. The efforts primarily revolve around a comprehensive program aimed at managing the population of canines. In FY2024, Bajaj Auto provided support for the Animal Birth Control (ABC) program targeting the canine population in the Pune Municipal Corporation area. Alongside the ABC initiative, these canines also receive essential vaccinations against rabies.<\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Financials<\/p>\n\t\t\t<p class=\"_4_Table_23_Table_Text_Plain ParaOverride-3\">Table 6 gives the summarised standalone profit and loss statement of Bajaj Auto.<\/p>\n\t\t\t<table id=\"table006\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-24\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-20\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-20\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-20\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-11\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-9 _idGenCellOverride-1\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 6: <\/span>Standalone Profit and Loss Statement<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-26\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-27\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_02_Table_Rupees_In_Crore _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-28\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_02_Table_Rupees_In_Crore _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-29\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_16_Rupees_In_Crore\"> (<span class=\"Rs-Poppins\">\u20b9 <\/span>In Crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-30\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">Growth%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-14\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Operations<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 43,579 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 35,359 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">23.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Other operating income<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,106 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,069 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Total operating income<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 44,685 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 36,428 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">22.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Cost of materials consumed, net of expenditures capitalised<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 31,696 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 26,027 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">70.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">71.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Stores and tools<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 172 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 154 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">0.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Employee cost<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,536 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,443 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">3.4%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">4.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Factory, administrative and other expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,216 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,086 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">2.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">3.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Sales and after sales expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,240 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,167 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">2.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">3.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Total expenditure<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 35,860 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 29,877 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Earnings before interest, tax, depreciation and amortisation (EBITDA)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 8,825 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 6,551 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">34.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">EBITDA %<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">19.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">18.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Interest<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 54 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 39 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Depreciation &amp; amortisation<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 349 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 283 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Operating profit<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 8,422 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 6,229 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">35.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">18.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">17.1%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Non-operating income<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,402 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,181 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Less : Non-operating expense<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 2 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-31\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Non-operating income, net<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 1,400 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,180 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Profit before tax<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 9,822 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 7,409 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">32.6%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-32\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Tax expense<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\"> 2,343 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\"> 1,781 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Profit after tax<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\"> 7,479 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\"> 5,628 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">32.9%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Surplus cash and cash equivalents as on 31 March<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-11 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">16,386<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">17,445<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-12 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Surplus cash and cash equivalent as on 31 March 2024 stood at <span class=\"Rs-Poppins\">\u20b9 <\/span>16,386 crore, after making capital investments of ~<span class=\"Rs-Poppins\">\u20b9 <\/span>800 crore and paying a significant ~<span class=\"Rs-Poppins\">\u20b9 <\/span>8,900 crore to shareholders between dividend and the share buyback.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Our Surplus Funds are invested in (i) fixed income securities rated A1+ for short-term and AA+ and above for long-term (ii) mutual funds and (iii) fixed deposits with banks and non-banking finance companies.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text ParaOverride-4\">As required for listed companies by Securities and Exchange Board of India, Table 7 gives key ratios<\/p>\n\t\t\t<table id=\"table007\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-25\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-26\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-26\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-27\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-6\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-13 _idGenCellOverride-1\" colspan=\"7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 7: <\/span>Bajaj Auto\u2019s Key Financial Ratios, Standalone<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-14\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-14 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-14 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-15 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Remarks<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-16 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Debtors Turnover Ratio<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-13 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">22.36<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">21.48<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Inventory Turnover Ratio<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">20.52<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-13 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">19.83<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Current Ratio<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1.19<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-13 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">1.71<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Increase in trade payable and short term borrowing<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Operating Profit Margin<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">18.8%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">17.1%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Net Profit Margin<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">16.2%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">15.0%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Debt-Equity Ratio<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">0.03<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">0.0<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Return on Equity<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">29.7%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">21.6%<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Change because of increase in profits during the year<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Subsidiaries<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Auto International Holdings BV (BAIH BV)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto International Holdings BV (BAIH BV) is a 100% Netherlands based subsidiary of Bajaj Auto Limited. Through this subsidiary, Bajaj Auto has invested a total of \u20ac198.1 million (<span class=\"Rs-Poppins\">\u20b9 <\/span>1,219 crore) and holds 49.9% stake in Pierer Bajaj AG (PBAG) and thru PBAG, Bajaj Auto is a partner in all mobility businesses that the Pierer Group engages in.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">PBAG holds 73.3% stake in Pierer Mobility AG (PMAG), Europe\u2019s leading \u2018Powered Two-wheeler\u2019 manufacturer. With its KTM, Husqvarna and GASGAS motorcycle brands, it is a leading premium motorcycle manufacturer in Europe. In the year 2023, PBAG clocked revenue in excess of \u20ac2.6 billion and a profit of \u20ac60 million.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Do Brasil Comercio De Motocicletas Ltda<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">To address the highly competitive motorcycle market of Brazil, Bajaj Auto has set up a wholly owned subsidiary on 31 March 2022 with a paid up equity share capital of BRL 30 million (<span class=\"Rs-Poppins\">\u20b9 <\/span>48 crore). After obtaining all necessary approvals, the subsidiary is currently selling the Dominar range of motorcycles. The subsidiary is also setting-up a dedicated manufacturing facility at Manaus, Brazil \u2013 first such facility outside India \u2013 and is expected to be operational by mid-2024. For 2023, clocked sales of over 4,300 units, revenue of BRL 75.3 million and net loss of BRL 3.5 million.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Auto (Thailand) Ltd.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto (Thailand) Ltd. is a wholly owned subsidiary in Thailand with paid-up share capital of Thai Baht (THB) 45 million (<span class=\"Rs-Poppins\">\u20b9 <\/span>10 crore), set-up to expand R&amp;D\u2019s design centre to trend-defining markets around the globe. It has all the necessary approvals from concerned authorities, is operational and international designers are working from this new facility.<\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Auto Spain S.L.U.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">Bajaj Auto Spain S.L.U. is a wholly owned subsidiary in Barcelona, Spain \u2013 intent being to setup an Engineering Design Centre \u2013 with an issued and subscribed share capital of \u20ac600K (<span class=\"Rs-Poppins\">\u20b9 <\/span>5 crore). It has all the necessary approvals from concerned authorities and has become fully operational. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Chetak Technology Ltd. (CTL)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">The electric vehicle (EV) market is constantly witnessing new developments, including various incentive schemes from the government of India and various state governments. Given the high stakes, Bajaj Auto felt the need to participate in this space through a 100% subsidiary with a clear focus to develop new technologies and products. The subsidiary (formed on 4 October 2021) stands adequately funded with paid-up equity share capital of <span class=\"Rs-Poppins\">\u20b9 <\/span>470 crore as on 31 March 2024. <\/p>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Bajaj Auto Credit Ltd. (BACL)<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">With over two-thirds of two-wheelers and over three-fourths of three-wheelers retailed in India being financed, this activity is the key to the automobile business. Penetration, geographic coverage and expanding financing options for the retail customers of Bajaj Auto Ltd. are keys to success in future.<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\">A wholly-owned captive financing company was formed in FY2022. It applied to the Reserve Bank of India (RBI) for an NBFC licence. On 29 August 2023, the RBI granted the Certificate of Registration as an NBFC. BACL commenced business in Maharashtra and Goa on 1 January 2024. Subsequently, it added Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Rajasthan and Gujarat. It plans to cover all the balance states by 31 March 2025. In the first three months of its operation, BACL financed the purchase of 35,238 two-wheelers and 13,972 three-wheelers. With a paid-up share capital of <span class=\"Rs-Poppins\">\u20b9 <\/span>295 crore, BACL had assets under management of <span class=\"Rs-Poppins\">\u20b9 <\/span>708 crore as on 31 March 2024. There is considerable upside to this business in the years to come. <\/p>\n\t\t\t<p class=\"_3_Chapter_08_Main_Head\">Consolidation of accounts and segment reporting<\/p>\n\t\t\t<table id=\"table008\" class=\"Annual-Report-Main-Table\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-28\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-10\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-2\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-10\" \/>\n\t\t\t\t<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-5\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_01_Table_Head _1_Table_11_Table_Text-White-Cell_Plain CellOverride-13 _idGenCellOverride-1\" colspan=\"5\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_15_Table_Head\"><span class=\"Colour\">Table 8: <\/span>Segment Revenue and Segment Results <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-26\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-27\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-3\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_02_Table_Rupees_In_Crore _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-29\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_16_Rupees_In_Crore\"> (<span class=\"Rs-Poppins\">\u20b9 <\/span>In Crore)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_04_Table_Particulars _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_17_Table_Particulars\">Segment Revenue<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_07_Table_Thickline_colour _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-30\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_19_Table_Thickline_colour\">FY2024<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_06_Table_Thickline_Black _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_18_Table_Thickline_Black\">FY2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-16 _idGenCellOverride-15\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-5\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Automotive<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">44,870 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">36,665 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Financing<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">17<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">&#8211;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Investment and others<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1,419 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">978 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">46,306 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">37,643 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-32\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Segment Results \u2013 Profit \/ (Loss) from each segment before tax<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Automotive<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">8,708 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">6,905 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Financing<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">(25)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">&#8211;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Investment and others<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">1,417 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">976 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-29\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">10,100 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">7,881 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-32\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Less : Interest<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">60 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">39 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Profit before tax<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">10,040 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">7,842 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-20\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Profit after tax<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">7,708 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">6,060 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-7\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-18\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_24_Table_Text_Bold\">Segment Capital Employed <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\" \/>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-17\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Automotive<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">4,956<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">7,190<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Financing<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">883<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">&#8211;<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_11_Table_Text-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_23_Table_Text_Plain\">Investment and others<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_13_Table_Figure-Color-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_28_Table_Figure_Colour\">24,409<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_15_Table_Figure-White-Cell_Plain _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_26_Table_Figure_Plain\">22,677<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-8\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_12_Table_Text-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-31\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_14_Table_Figure-Color-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_29_Table_Figure_Bold_Colour\">30,248<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_03_Table_Blank-Cell _1_Table_11_Table_Text-White-Cell_Plain CellOverride-10 _idGenCellOverride-9\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _1_Table_16_Table_Figure-White-Cell_Bold _1_Table_11_Table_Text-White-Cell_Plain _idGenCellOverride-8\">\n\t\t\t\t\t\t\t<p class=\"_4_Table_27_Table_Figure_Bold\">29,867<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t<\/tr>\n\t\t\t\t<\/tbody>\n\t\t\t<\/table>\n\t\t\t<p class=\"_3_Chapter_10_Sub_Head_01\">Cautionary Statement<\/p>\n\t\t\t<p class=\"_3_Chapter_12_Body-Text\"><span class=\"Italic\"><i>Statements in this Management Discussion and Analysis describing the Company\u2019s objectives, projections, estimates and expectations may be \u2018forward looking\u2019 within the meaning of applicable laws and regulations. Actual results may differ from those expressed or implied. Important factors that could make a difference to the Company\u2019s operations include global economy, political stability, stock performance on stock markets, changes in government regulations, tax regimes, economic developments and other incidental factors. Except as required by law, the Company does not undertake to update any forward-looking statements to reflect future events or circumstances. Investors are advised to exercise due care and caution while interpreting these statements.<\/i><\/span><\/p>\n\t\t<\/div>\n\t<\/body>\n<\/html>\n\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","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-102","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/comments?post=102"}],"version-history":[{"count":10,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/102\/revisions"}],"predecessor-version":[{"id":1715,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/102\/revisions\/1715"}],"wp:attachment":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/media?parent=102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}