{"id":807,"date":"2024-06-10T06:31:59","date_gmt":"2024-06-10T06:31:59","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar24\/?page_id=807"},"modified":"2024-06-14T14:43:59","modified_gmt":"2024-06-14T14:43:59","slug":"42-investment-in-an-associate","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar24\/42-investment-in-an-associate\/","title":{"rendered":"42 Investment in an associate"},"content":{"rendered":"\n
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{\n\tborder-left-color:#ffffff;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-right-color:#005dac;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n}\ntd._idGenCellOverride-12 {\n\tborder-top-color:#005dac;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-13 {\n\tborder-left-color:#005dac;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n}\ntd._idGenCellOverride-14 {\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-15 {\n\tborder-right-color:#ffffff;\n\tborder-right-style:solid;\n\tborder-right-width:0px;\n}\ntd._idGenCellOverride-16 {\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n}\ntd._idGenCellOverride-17 {\n\tborder-bottom-color:#808285;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-color:#005dac;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n}\ntd._idGenCellOverride-18 {\n\tborder-left-color:#005dac;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#808285;\n\tborder-top-style:solid;\n\tborder-top-width:1px;\n}\ntd._idGenCellOverride-19 {\n\tborder-bottom-color:#666666;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n}\ntd._idGenCellOverride-20 {\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#000000;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ntd._idGenCellOverride-21 {\n\tborder-bottom-color:#666666;\n\tborder-bottom-style:solid;\n\tborder-bottom-width:1px;\n\tborder-left-color:#000000;\n\tborder-left-style:solid;\n\tborder-left-width:0px;\n\tborder-top-color:#000000;\n\tborder-top-style:solid;\n\tborder-top-width:2px;\n}\ncol._idGenTableRowColumn-1 {\n\twidth:1030px;\n}\ntr._idGenTableRowColumn-2 {\n\tmin-height:27px;\n}\ncol._idGenTableRowColumn-3 {\n\twidth:721px;\n}\ncol._idGenTableRowColumn-4 {\n\twidth:11px;\n}\ncol._idGenTableRowColumn-5 {\n\twidth:143px;\n}\ntr._idGenTableRowColumn-6 {\n\tmin-height:29px;\n}\ndiv._idGenObjectStyleOverride-1 {\n\tborder-width:0px;\n}\n\n\t\t<\/style>\n\t<\/head>\n\t<body id=\"Consol_Note42\">\n\t\t<div id=\"_idContainer000\" class=\"_idGenObjectStyleOverride-1\">\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<\/colgroup>\n\t\t\t\t<tbody>\n\t\t\t\t\t<tr class=\"Annual-Report-Main-Table _idGenTableRowColumn-2\">\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--01-Color_Head\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Main_Head_Color\" lang=\"en-US\">42 Investment in an associate<\/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=\"_R9--Nonfinancial_-Note01-00Indent ParaOverride-1\" lang=\"en-US\"><span class=\"plain-Text\">Pierer Bajaj AG (formerly: PTW Holding AG) acts exclusively as the holding company of Pierer Mobility AG. The Pierer Mobility Group is Europe\u2019s leading \u2018Powered Two-Wheeler\u2019 (PTW) manufacturer with a focus on highly innovative sports motorcycles and electric mobility. With its KTM, HUSQVARNA Motorcycles, and GASGAS motorcycle brands, it is one of the technology and market leaders in Europe, especially when it comes to premium motorcycles.<\/span><\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-Note01-00Indent ParaOverride-1\" lang=\"en-US\"><span class=\"plain-Text\">Pierer Bajaj AG is a private entity that is not listed on any public exchange. The Group\u2019s interest is in Pierer Bajaj AG.<\/span><\/p>\n\t\t\t<p class=\"_R9--Nonfinancial_-Note01-00Indent\" lang=\"en-US\"><span class=\"plain-Text\">The following table illustrates the summarised financial information of the Group\u2019s investment in Pierer Bajaj AG (in Euro, which is its functional currency):<\/span><\/p>\n\t\t\t<table id=\"table002\" class=\"Annual-Report-Main-Table TableOverride-1\">\n\t\t\t\t<colgroup>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-3\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-4\" \/>\n\t\t\t\t\t<col class=\"_idGenTableRowColumn-5\" \/>\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 _R9-_-R9--05-Thickline-Black--Left- _idGenCellOverride-1\" rowspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Left-\">Particulars<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--02-Rupees_In_Crore _idGenCellOverride-3\" colspan=\"3\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Rupees_In_Crore\" lang=\"en-US\">(Euro in Million)<\/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 _R9-_-R9--00-Blank-Cell _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--03-CY2023_Thinline _idGenCellOverride-4\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thinline-Color-\">31 Dec 2023<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-5\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--03-Thinline-Black- _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thinline-Black-\">31 Dec 2022<\/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 _R9-_-R9--00-Blank-Cell _idGenCellOverride-6\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--05-Thickline-Color--Left- _idGenCellOverride-7\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Color--Left- ParaOverride-2\"> Pierer Bajaj AG <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--05-Thickline-Black--Right- _idGenCellOverride-9\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Thickline-Black--Right-\"> Pierer Bajaj AG <\/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 _R9-_-R9-Text _idGenCellOverride-10\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">   <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color- _idGenCellOverride-12\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-14\" \/>\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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\"><span lang=\"en-US\">Current assets<\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 1,629.51 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,368.92 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Non-current assets<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 1,333.83 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,195.85 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Current liabilities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 929.77 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 1,010.71 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Non-current liabilities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 1,130.00 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-17\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 625.61 <\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\">Equity<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-Bold\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure_Color-Bold-\"> 903.57 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 928.45 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\"><span lang=\"en-US\">   <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-18\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\" \/>\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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Revenue<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 2,661.21 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2,437.20 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Cost of sales<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (1,977.12)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-17\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (1,745.88)<\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\">Gross profit<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-Bold\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure_Color-Bold-\"> 684.09 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 691.32 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Selling and racing expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (289.84)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-18\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (242.80)<\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Research and development expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (53.76)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (55.35)<\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Infrastructure and administration expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (185.98)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (165.19)<\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Other operating expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (0.80)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (0.40)<\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">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 _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 3.74 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 2.38 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Share of profit of associates<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 2.34 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Black- _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 5.00 <\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\">Result from operating activities<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-Bold _idGenCellOverride-12\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure_Color-Bold-\"> 159.79 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-20\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 234.96 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Interest income<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> 11.06 <\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> 4.04 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Interest expenses<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (74.03)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure _idGenCellOverride-19\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (19.34)<\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Other financial result<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (4.62)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Black- _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (4.06)<\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-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 _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color- _idGenCellOverride-12\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span class=\"Bold-Text\"> 92.20 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-21\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 215.60 <\/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 _R9-_-R9-Text _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text\">Tax expense<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-8\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Color- _idGenCellOverride-2\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"> (15.72)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-2\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_Total-Lines_-R9-Bottom-Black- _idGenCellOverride-6\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure\"> (45.28)<\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\">Profit for the year (continuing operations)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color- _idGenCellOverride-12\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Color-\" lang=\"en-US\"><span class=\"Bold-Text\"> 76.48 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-20\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 170.32 <\/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 _R9-_-R9-Text-Bold- _idGenCellOverride-15\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Text-Bold-\">Total comprehensive income for the year (continuing operations)<\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-11\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Color-Bold\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure_Color-Bold-\"><span class=\"Bold-Text\"> 63.35 <\/span><\/p>\n\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9--00-Blank-Cell _idGenCellOverride-13\" \/>\n\t\t\t\t\t\t<td class=\"Annual-Report-Main-Table _R9-_-R9-Figure-Bold- _idGenCellOverride-16\">\n\t\t\t\t\t\t\t<p class=\"_R9-_-R9-Figure-Bold-\"> 187.72 <\/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=\"_R9-_-R9-Footnote\">The associate had no contingent liabilities or capital commitments.<\/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","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-807","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/807","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=807"}],"version-history":[{"count":5,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/807\/revisions"}],"predecessor-version":[{"id":1416,"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/pages\/807\/revisions\/1416"}],"wp:attachment":[{"href":"https:\/\/investors.bajajauto.com\/ar24\/wp-json\/wp\/v2\/media?parent=807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}