{"id":8,"date":"2025-03-31T07:59:07","date_gmt":"2025-03-31T07:59:07","guid":{"rendered":"https:\/\/investors.bajajauto.com\/ar25\/?page_id=8"},"modified":"2025-07-11T14:24:54","modified_gmt":"2025-07-11T14:24:54","slug":"home","status":"publish","type":"page","link":"https:\/\/investors.bajajauto.com\/ar25\/","title":{"rendered":"Annual Report \u2013 2025"},"content":{"rendered":"\n\n  <div class=\"banner has-hover is-full-height show-for-small\" id=\"banner-900459840\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n            <img loading=\"lazy\" decoding=\"async\" width=\"1350\" height=\"1500\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_AR25_Banner_NS400_M-1.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>                                    \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-720217388\" class=\"text-box banner-layer x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-720217388 {\n  width: 60%;\n}\n#text-box-720217388 .text-box-content {\n  font-size: 100%;\n}\n@media (min-width:550px) {\n  #text-box-720217388 {\n    width: 60%;\n  }\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-900459840 {\n  padding-top: 450px;\n}\n#banner-900459840 .banner-bg img {\n  object-position: 58% 51%;\n}\n@media (min-width:550px) {\n  #banner-900459840 {\n    padding-top: 100%;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t<section class=\"section\" id=\"section_30827768\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n\n  <div class=\"banner has-hover is-full-height hide-for-small has-parallax\" id=\"banner-1237361014\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" data-parallax=\"-5\" data-parallax-container=\".banner\" data-parallax-background>\n            <img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"800\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL-AR25_Home-Page_3.gif\" class=\"bg attachment-original size-original\" alt=\"\" \/>                                    \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-2085153930\" class=\"text-box banner-layer x100 md-x100 lg-x100 y95 md-y95 lg-y95 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-left\">\n                  \n\n\t<div id=\"text-3341777249\" class=\"text\">\n\t\t\n\n<h6>QUARTERLY REPORT<\/h6>\n<h4>Financial Results<br \/> Q4 FY 2025<\/h4>\n\t\t\n<style>\n#text-3341777249 {\n  line-height: 1.25;\n  text-align: left;\n  color: rgb(255,255,255);\n}\n#text-3341777249 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<a href=\"https:\/\/www.bajajauto.com\/-\/media\/images\/bajajauto\/media-kit\/press-release\/new-quarter-results\/fy2024-25\/bse-outcome-q4-results.pdf\" target=\"_blank\" class=\"button white is-underline is-smaller\" rel=\"noopener\"  style=\"border-radius:10px;padding:0px 0px 0px 0px;\">\n\t\t<span>Download<\/span>\n\t<\/a>\n\n\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgba(255, 255, 255, 0.355);\"><\/div>\n\n\t<div id=\"text-2068939852\" class=\"text\">\n\t\t\n\n<h6>ANNUAL REPORT<\/h6>\n<h4>Bajaj Auto<br \/> Annual Report 2025<\/h4>\n\t\t\n<style>\n#text-2068939852 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-2068939852 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Annual_Report_2025.pdf\" target=\"_blank\" class=\"button white is-underline is-smaller\" rel=\"noopener\"  style=\"border-radius:10px;\">\n\t\t<span>Download<\/span>\n\t<\/a>\n\n\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgba(255, 255, 255, 0.355);\"><\/div>\n\n\t<div id=\"text-183872727\" class=\"text\">\n\t\t\n\n<h6>Annual General Meeting<\/h6>\n<h4>General Meeting<br \/> on 6 Aug 2025<\/h4>\n\t\t\n<style>\n#text-183872727 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-183872727 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Notice_2025_Web.pdf\" target=\"_blank\" class=\"button white is-underline is-smaller\" rel=\"noopener\"  style=\"border-radius:10px;\">\n\t\t<span>Download<\/span>\n\t<\/a>\n\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-2085153930 {\n  width: 23%;\n}\n#text-box-2085153930 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1237361014 {\n  padding-top: 100%;\n}\n#banner-1237361014 .banner-bg img {\n  object-position: 46% 100%;\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_30827768 {\n  padding-top: 0px;\n  padding-bottom: 0px;\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section show-for-small\" id=\"section_786519964\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row row-collapse align-middle align-center\"  id=\"row-1916386144\">\n\n\n\t<div id=\"col-1801423876\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-707036615\" class=\"text\">\n\t\t\n\n<h6>QUARTERLY REPORT<\/h6>\n<h3>Financial Results<br \/> Q4 FY 2025<\/h2>\n\t\t\n<style>\n#text-707036615 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-707036615 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1801423876 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1801423876 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1286811378\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner text-left\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-color:rgb(255, 255, 255);border-width:0px 1px 0px 0px;\">\n\t<\/div>\n\t\t\t\n\n<a href=\"https:\/\/www.bajajauto.com\/-\/media\/images\/bajajauto\/media-kit\/press-release\/new-quarter-results\/fy2024-25\/bse-outcome-q4-results.pdf\" target=\"_blank\" class=\"button white is-underline is-xsmall reveal-icon\" rel=\"noopener\"  style=\"border-radius:10px;\">\n\t\t<span>Download<\/span>\n\t<i class=\"icon-angle-right\" aria-hidden=\"true\" ><\/i><\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1286811378 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1286811378 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1340646370\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-262694801\" class=\"text\">\n\t\t\n\n<h6>ANNUAL REPORT<\/h6>\n<h3>Bajaj Auto<br \/> Annual Report 2025<\/h3>\n\t\t\n<style>\n#text-262694801 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-262694801 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1340646370 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1340646370 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-415414048\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-color:rgb(255, 255, 255);border-width:0px 1px 0px 0px;\">\n\t<\/div>\n\t\t\t\n\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Annual_Report_2025.pdf\" target=\"_blank\" class=\"button white is-underline is-xsmall reveal-icon\" rel=\"noopener\"  style=\"border-radius:10px;\">\n\t\t<span>Download<\/span>\n\t<i class=\"icon-angle-right\" aria-hidden=\"true\" ><\/i><\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-415414048 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-415414048 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1801883242\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1229236164\" class=\"text\">\n\t\t\n\n<h6>Annual General Meeting<br \/>\n<\/h6>\n<h3>General Meeting<br \/> on 6 Aug 2025<\/h3>\n\t\t\n<style>\n#text-1229236164 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-1229236164 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1801883242 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1801883242 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-680220706\" class=\"col medium-4 small-6 large-4\"  >\n\t\t\t\t<div class=\"col-inner\" style=\"background-color:#0069d7;\" >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-color:rgb(255, 255, 255);border-width:0px 1px 0px 0px;\">\n\t<\/div>\n\t\t\t\n\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Notice_2025_Web.pdf\" target=\"_blank\" class=\"button white is-underline is-xsmall reveal-icon\" rel=\"noopener\"  style=\"border-radius:10px;\">\n\t\t<span>Download<\/span>\n\t<i class=\"icon-angle-right\" aria-hidden=\"true\" ><\/i><\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-680220706 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-680220706 > .col-inner {\n    padding: 30px 30px 30px 30px;\n    margin: -100px 0px 0px 0px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_786519964 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: #0069d7;\n}\n@media (min-width:550px) {\n  #section_786519964 {\n    padding-top: 0px;\n    padding-bottom: 0px;\n  }\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section\" id=\"section_162680052\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row row-small\"  id=\"row-989340543\">\n\n\n\t<div id=\"col-764195060\" class=\"col medium-6 small-12 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1314612121\">\n\t\t\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1373\" height=\"1000\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Chairman_Niraj-Bajaj-1.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Chairman_Niraj-Bajaj-1.png 1373w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Chairman_Niraj-Bajaj-1-300x218.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Chairman_Niraj-Bajaj-1-1024x746.png 1024w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Chairman_Niraj-Bajaj-1-768x559.png 768w\" sizes=\"auto, (max-width: 1373px) 100vw, 1373px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n<style>\n#image_1314612121 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-189520940\" class=\"col medium-6 small-12 large-6\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<div class=\"row\"  id=\"row-1429625674\">\n\n\n\t<div id=\"col-1268378035\" 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-1415861921\" class=\"text\">\n\t\t\n\n<h2>Chairman\u2019s Letter<\/h2>\n<p>Dear Shareholder,<\/p>\n<p>It gives me immense pleasure to write to you and share the highlights of what has turned out to be yet another milestone year for your Company.<\/p>\n<p>FY 2025 saw your Company raise the bar even higher as it dynamically navigated a fast changing external environment with agility and decisiveness, to deliver record financial results.<\/p>\n\t\t\n<style>\n#text-1415861921 {\n  color: rgb(0,0,0);\n}\n#text-1415861921 > * {\n  color: rgb(0,0,0);\n}\n<\/style>\n\t<\/div>\n\t\n<a href=\"https:\/\/investors.bajajauto.com\/ar25\/chairmans-letter\/\" class=\"button primary is-outline is-small reveal-icon\"  style=\"border-radius:10px;\">\n\t\t<span>Read More<\/span>\n\t<i class=\"icon-angle-right\" aria-hidden=\"true\" ><\/i><\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1268378035 > .col-inner {\n  margin: 0px 0px -40px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-189520940 > .col-inner {\n  padding: 5% 5% 5% 5%;\n  margin: 0px 0px 0px 0px;\n  max-width: 520px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_162680052 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: rgb(255,255,255);\n}\n<\/style>\n\t<\/section>\n\t\n\n\n\t<section class=\"section dark hide-for-medium has-parallax\" id=\"section_952021411\">\n\t\t<div class=\"section-bg fill\" data-parallax-container=\".section\" data-parallax-background data-parallax=\"-5\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2200\" height=\"1238\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/05\/BAL_AR25_performance.jpg\" class=\"bg attachment- size-\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n\t<div id=\"gap-1646834258\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1646834258 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-637400814\">\n\n\n\t<div id=\"col-1538926206\" 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<h2>Key Figures<br \/>\n<\/h2>\n<div class=\"is-divider divider clearfix\" style=\"max-width:50%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n<div class=\"row row-small align-equal\"  id=\"row-887619948\">\n\n\n\t<div id=\"col-323623404\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3616547840\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">50010<\/span> Cr<\/h1>\n<p>Total operating income growth of 11.9%<\/p>\n\t\t\n<style>\n#text-3616547840 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1066395985\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-191457460\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">48247<\/span> Cr<\/h1>\n<p>Net sales<br \/>\ngrowth of 10.7%<\/p>\n\t\t\n<style>\n#text-191457460 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small align-equal\"  id=\"row-1809551588\">\n\n\n\t<div id=\"col-21781456\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2094924454\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">10101<\/span> Cr<\/h1>\n<p>EBITDA<br \/>growth of 14.5%<\/p>\n\t\t\n<style>\n#text-2094924454 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-62904459\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-161752115\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">11052<\/span> Cr<\/h1>\n<p>Profit before tax<br \/>growth of 12.5%<\/p>\n\t\t\n<style>\n#text-161752115 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small align-equal\"  id=\"row-1738729797\">\n\n\n\t<div id=\"col-1551208228\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1487325944\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">08151<\/span> Cr<\/h1>\n<p>Profit after tax<br \/>growth of 9%<\/p>\n\t\t\n<style>\n#text-1487325944 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-624114882\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2978588282\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">16999<\/span> Cr<\/h1>\n<p>Surplus cash <br \/>equivalent<\/p>\n\t\t\n<style>\n#text-2978588282 {\n  font-size: 1.3rem;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\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\t\t<\/div>\n\n\t\t\n<style>\n#section_952021411 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section dark show-for-small has-parallax\" id=\"section_1059626720\">\n\t\t<div class=\"section-bg fill\" data-parallax-container=\".section\" data-parallax-background data-parallax=\"-5\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2200\" height=\"1238\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/05\/BAL_AR25_performance.jpg\" class=\"bg attachment- size-\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row\"  id=\"row-891394255\">\n\n\n\t<div id=\"col-1985334033\" 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<h2>Key Figures<br \/>\n<\/h2>\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;\"><\/div>\n\n<div class=\"row row-small align-equal align-center\"  id=\"row-541939761\">\n\n\n\t<div id=\"col-2104488652\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-1133982767\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">50010<\/span> Cr<\/h1>\n<p>operating income <br \/>growth of 11.9%<\/p>\n\t\t\n<style>\n#text-1133982767 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-1133982767 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2064349049\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-3093091461\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">50010<\/span> Cr<\/h1>\n<p>operating income <br \/>growth of 11.9%<\/p>\n\t\t\n<style>\n#text-3093091461 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-3093091461 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-203992620\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-3661794908\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">48247<\/span> Cr<\/h1>\n<p>Net sales<br \/>\ngrowth of 10.7%<\/p>\n\t\t\n<style>\n#text-3661794908 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-3661794908 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-609820127\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-3128079691\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">10101<\/span> Cr<\/h1>\n<p>EBITDA<br \/>growth of 14.5%<\/p>\n\t\t\n<style>\n#text-3128079691 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-3128079691 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1435325049\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-1952171217\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">11052<\/span> Cr<\/h1>\n<p>Profit before tax<br \/>growth of 12.5%<\/p>\n\t\t\n<style>\n#text-1952171217 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-1952171217 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1725622568\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-2932085402\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">11052<\/span> Cr<\/h1>\n<p>Profit before tax<br \/>growth of 12.5%<\/p>\n\t\t\n<style>\n#text-2932085402 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2932085402 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1972648640\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-2815598176\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">08151<\/span> Cr<\/h1>\n<p>Profit after tax<br \/>growth of 9%<\/p>\n\t\t\n<style>\n#text-2815598176 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2815598176 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-989355370\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t<div class=\"is-border\"\n\t\tstyle=\"border-width:0px 0px 1px 0px;margin:0px 10px 10px 0px;\">\n\t<\/div>\n\t\t\t\n\n\t<div id=\"text-1537499639\" class=\"text\">\n\t\t\n\n<h1>\u20b9 <span class=\"count-up\">16999<\/span> Cr<\/h1>\n<p>Surplus cash <br \/>equivalent<\/p>\n\t\t\n<style>\n#text-1537499639 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-1537499639 {\n    font-size: 1.3rem;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1985334033 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1059626720 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n#section_1059626720 .section-bg-overlay {\n  background-color: rgba(0,0,0,.5);\n}\n#section_1059626720 .section-bg img {\n  object-position: 51% 94%;\n}\n<\/style>\n\t<\/section>\n\t\n\n\n\t<section class=\"section dark\" id=\"section_142121981\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2200\" height=\"1613\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_AR25_Website_BG.jpg\" class=\"bg attachment- size-\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n\t<div id=\"gap-92281059\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-92281059 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-971742337\">\n\n\n\t<div id=\"col-867033257\" 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-1859504217\" class=\"text\">\n\t\t\n\n<h2>Key Products<\/h2>\n\t\t\n<style>\n#text-1859504217 {\n  color: rgb(255,255,255);\n}\n#text-1859504217 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n<div class=\"slider-wrapper relative hide-for-small\" id=\"slider-1849100872\" >\n    <div class=\"slider slider-nav-circle slider-nav-large slider-nav-light slider-nav-outside slider-style-normal\"\n        data-flickity-options='{\n            \"cellAlign\": \"center\",\n            \"imagesLoaded\": true,\n            \"lazyLoad\": 1,\n            \"freeScroll\": false,\n            \"wrapAround\": true,\n            \"autoPlay\": 3000,\n            \"pauseAutoPlayOnHover\" : true,\n            \"prevNextButtons\": true,\n            \"contain\" : true,\n            \"adaptiveHeight\" : true,\n            \"dragThreshold\" : 10,\n            \"percentPosition\": true,\n            \"pageDots\": true,\n            \"rightToLeft\": false,\n            \"draggable\": true,\n            \"selectedAttraction\": 0.1,\n            \"parallax\" : 0,\n            \"friction\": 0.6        }'\n        >\n        \n\n<div class=\"row\"  id=\"row-2024557464\">\n\n\n\t<div id=\"col-913867700\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-n125\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-485735961\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/ct\/ct-110x\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-376457180\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/platina\/platina-110\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-359791053\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/three-wheelers\/gogo\/gogo-P70\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-1550284011\">\n\n\n\t<div id=\"col-1560926041\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-ns160\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2128098426\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-rs200\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-91276284\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/bajaj-freedom\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-987824562\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.chetak.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-2113236916\">\n\n\n\t<div id=\"col-24378392\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.triumphmotorcycles.in\/motorcycles\/classic\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2032792787\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/avenger\/avenger-street-160\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-562194716\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/dominar\/dominar-250\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-421000172\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.husqvarnamotorcyclesindia.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-950117527\">\n\n\n\t<div id=\"col-1632822807\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.ktmindia.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-scaled.jpg 1834w, 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style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-rs200\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-247373883\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.chetak.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1270075342\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/bajaj-freedom\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n     <\/div>\n\n     <div class=\"loading-spin dark large centered\"><\/div>\n\n\t<\/div>\n\n\n<div class=\"slider-wrapper relative show-for-small\" id=\"slider-832599448\" >\n    <div class=\"slider slider-nav-circle slider-nav-large slider-nav-light slider-nav-outside slider-style-normal\"\n        data-flickity-options='{\n            \"cellAlign\": \"center\",\n            \"imagesLoaded\": true,\n            \"lazyLoad\": 1,\n            \"freeScroll\": false,\n            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decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N125_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1557662857\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/ct\/ct-110x\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/CT_110X_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-714855993\">\n\n\n\t<div id=\"col-688826655\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/platina\/platina-110\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Platina_110ABS_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-223153534\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/three-wheelers\/gogo\/gogo-P70\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/GoGo_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-413553813\">\n\n\n\t<div id=\"col-2089947526\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-ns160\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_N160_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1037275451\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/pulsar\/pulsar-rs200\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Pulsar_RS200_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-375226525\">\n\n\n\t<div id=\"col-732482610\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/bajaj-freedom\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Freedom_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-267774519\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.chetak.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-2008869473\">\n\n\n\t<div id=\"col-497443540\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.triumphmotorcycles.in\/motorcycles\/classic\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Triumph_Speed-T4_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1224193460\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/avenger\/avenger-street-160\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Avanger_220-Street_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-99737639\">\n\n\n\t<div id=\"col-1995389082\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.bajajauto.com\/bikes\/dominar\/dominar-250\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Dominar_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-551136448\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.husqvarnamotorcyclesindia.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Husqvarna_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-128877959\">\n\n\n\t<div id=\"col-677109184\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.ktmindia.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/KTM390-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1398310973\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-text-bottom\" >\n\n\t\t<div class=\"box-image\" style=\"border-radius:10%;\">\n\t\t\t<a href=\"https:\/\/www.chetak.com\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1834\" height=\"2560\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-scaled.jpg 1834w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-215x300.jpg 215w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-734x1024.jpg 734w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-768x1072.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1101x1536.jpg 1101w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chetak_25-1467x2048.jpg 1467w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n     <\/div>\n\n     <div class=\"loading-spin dark large centered\"><\/div>\n\n\t<\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-867033257 > .col-inner {\n  margin: 0px 0px -20px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\t<div id=\"gap-449304922\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-449304922 {\n  padding-top: 20px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1507529746\">\n\n\n\t<div id=\"col-707955464\" 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-1788202583\" class=\"text\">\n\t\t\n\n<h2>Performance at a Glance<\/h2>\n\t\t\n<style>\n#text-1788202583 {\n  color: rgb(255,255,255);\n}\n#text-1788202583 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n<div class=\"row\"  id=\"row-273222084\">\n\n\n\t<div id=\"col-1550939943\" 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=\"gap-1851546232\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1851546232 {\n  padding-top: 20px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n  <div class=\"banner has-hover hide-for-small\" id=\"banner-2082528891\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n            <img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"1012\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>                                    \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-396255267\" class=\"text-box banner-layer x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-396255267 {\n  width: 60%;\n}\n#text-box-396255267 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n              <div class=\"height-fix is-invisible\"><img loading=\"lazy\" decoding=\"async\" width=\"2000\" height=\"1012\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2.jpg\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2.jpg 2000w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2-300x152.jpg 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2-1024x518.jpg 1024w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2-768x389.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Chart_1_Bal_V2-1536x777.jpg 1536w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/div>\n              <\/div>\n\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\n<style>\n#col-707955464 > .col-inner {\n  margin: 0px 0px -50px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\t<div class=\"img has-hover show-for-medium x md-x lg-x y md-y lg-y\" id=\"image_714644954\">\n\t\t\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Untitled-32.jpg\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Untitled-32.jpg 800w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Untitled-32-300x225.jpg 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/Untitled-32-768x576.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n<style>\n#image_714644954 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_142121981 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section hide-for-small has-parallax\" id=\"section_1095074315\">\n\t\t<div class=\"section-bg fill\" data-parallax-container=\".section\" data-parallax-background data-parallax=\"-5\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"2017\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/05\/BAL_AR25_Website-04-scaled.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row\"  id=\"row-1236729220\">\n\n\n\t<div id=\"col-1184952631\" 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=\"gap-1459751121\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1459751121 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-932604561\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-932604561 {\n  color: rgb(255,255,255);\n}\n#text-932604561 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-891132322\">\n\n\n\t<div id=\"col-2011168545\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-930481123\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/h6>\n\t\t\n<style>\n#text-930481123 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-930481123 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-494369046\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2373297625\" class=\"text\">\n\t\t\n\n<p>The team guiding the strategic decisions and governance at Bajaj Auto<\/p>\n\t\t\n<style>\n#text-2373297625 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2373297625 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1314152904\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1908918849\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/board-of-directors\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1908918849 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1908918849 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\n<style>\n#row-891132322 > .col > .col-inner {\n  padding: 0px 0px 0px 0px;\n}\n<\/style>\n<\/div>\n<div class=\"row row-small\"  id=\"row-1011322854\">\n\n\n\t<div id=\"col-2000727067\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2462970254\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-2462970254 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2462970254 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1681744639\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-755606291\" class=\"text\">\n\t\t\n\n<p>The team driving the operations and growth at Bajaj Auto<\/p>\n\t\t\n<style>\n#text-755606291 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-755606291 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1717467383\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1014108906\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/management-team\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1014108906 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1014108906 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-2041100234\">\n\n\n\t<div id=\"col-2092278899\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1166881419\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-1166881419 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1166881419 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1537940969\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3198623575\" class=\"text\">\n\t\t\n\n<p>We closed the year with our highest-ever revenue and profits, accompanied by solid cash flows, all underpinned by focused execution across our businesses and continued emphasis on innovation, scale, and resilience.<\/p>\n\t\t\n<style>\n#text-3198623575 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3198623575 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-209221111\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1219982411\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/chairmans-letter\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1219982411 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1219982411 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-1681934849\">\n\n\n\t<div id=\"col-2097574861\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1858102954\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-1858102954 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1858102954 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-392143698\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-378738361\" class=\"text\">\n\t\t\n\n<p>The IMF World Economic Outlook\u00a0(January 2025) has estimated India\u2019s real GDP growth in 2024-25 (FY2025) at 6.5%. This is significantly higher than all major countries in the world, including China.<\/p>\n\t\t\n<style>\n#text-378738361 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-378738361 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2100663294\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1713007610\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/management-discussion-analysis\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1713007610 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1713007610 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-2121170457\">\n\n\n\t<div id=\"col-978681416\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2458415223\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-2458415223 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2458415223 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-156717925\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1910975579\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-1910975579 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1910975579 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1540015234\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_578936165\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/directors-report\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_578936165 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_578936165 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-510125000\">\n\n\n\t<div id=\"col-136047580\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-328283437\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-328283437 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-328283437 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-193484881\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-245388248\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-245388248 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-245388248 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2004955712\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1105789247\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/corporate-governance\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1105789247 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1105789247 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-422150610\">\n\n\n\t<div id=\"col-373812376\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-190327521\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-190327521 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-190327521 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1764038993\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2923097909\" class=\"text\">\n\t\t\n\n<p>The 18th Annual General Meeting will be held on 6 Aug 2025 <br \/>at 12.30 p.m.<\/p>\n\t\t\n<style>\n#text-2923097909 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2923097909 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1567494048\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1276917147\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/general-shareholder-information\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1276917147 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1276917147 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-89684059\">\n\n\n\t<div id=\"col-1586107317\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1973818825\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-1973818825 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1973818825 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-300681114\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3115245113\" class=\"text\">\n\t\t\n\n<p>The standalone financial statements of the Company are <br \/>elaborated here<\/p>\n\t\t\n<style>\n#text-3115245113 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3115245113 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-279731657\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_2011302505\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/standalone-financial-statements\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_2011302505 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_2011302505 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-867173103\">\n\n\n\t<div id=\"col-1536264234\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-973552420\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-973552420 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-973552420 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-87074662\" class=\"col medium-7 small-12 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1570144742\" class=\"text\">\n\t\t\n\n<p>The consolidated financial statements of the Company are <br \/>elaborated here<\/p>\n\t\t\n<style>\n#text-1570144742 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1570144742 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1475959746\" class=\"col medium-2 small-12 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1480692212\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/consolidated-financial-statement\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1480692212 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1480692212 {\n    width: 15%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-379881462\" 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<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\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\n\t\t\n<style>\n#section_1095074315 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section show-for-small\" id=\"section_1314363891\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"2017\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/05\/BAL_AR25_Website-04-scaled.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row\"  id=\"row-1307873976\">\n\n\n\t<div id=\"col-1781891015\" 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-1706759725\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-1706759725 {\n  color: rgb(255,255,255);\n}\n#text-1706759725 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1781891015 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-689022846\">\n\n\n\t<div id=\"col-1547114558\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-959264916\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/p>\n\t\t\n<style>\n#text-959264916 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-959264916 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1547114558 > .col-inner {\n  padding: 0px 0px 0px 0px;\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-547055816\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3633402280\" class=\"text\">\n\t\t\n\n<p>The team guiding the strategic decisions and governance at Bajaj Auto<\/p>\n\t\t\n<style>\n#text-3633402280 {\n  color: rgb(255,255,255);\n}\n#text-3633402280 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2101859609\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_95605099\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/board-of-directors\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_95605099 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_95605099 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-639351699\">\n\n\n\t<div id=\"col-81265419\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-297698270\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-297698270 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-297698270 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-81265419 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1043606402\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2174268542\" class=\"text\">\n\t\t\n\n<p>The team driving the operations and growth at Bajaj Auto<\/p>\n\t\t\n<style>\n#text-2174268542 {\n  color: rgb(255,255,255);\n}\n#text-2174268542 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1809013272\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_91598510\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/management-team\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_91598510 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_91598510 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-1743799145\">\n\n\n\t<div id=\"col-563362785\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2920984498\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-2920984498 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-2920984498 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-563362785 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1935476024\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-393799277\" class=\"text\">\n\t\t\n\n<p>We closed the year with our highest-ever revenue and profits, accompanied by solid cash flows, all underpinned by focused execution across our businesses and continued emphasis on innovation, scale, and resilience.<\/p>\n\t\t\n<style>\n#text-393799277 {\n  color: rgb(255,255,255);\n}\n#text-393799277 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-76175812\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_226480417\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/chairmans-letter\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_226480417 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_226480417 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-273095530\">\n\n\n\t<div id=\"col-726552021\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-600211179\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-600211179 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-600211179 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-726552021 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1010977206\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-135353864\" class=\"text\">\n\t\t\n\n<p>The IMF World Economic Outlook\u00a0(January 2025) has estimated India\u2019s real GDP growth in 2024-25 (FY2025) at 6.5%. This is significantly higher than all major countries in the world, including China.<\/p>\n\t\t\n<style>\n#text-135353864 {\n  color: rgb(255,255,255);\n}\n#text-135353864 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-6056836\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_832001061\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/management-discussion-analysis\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_832001061 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_832001061 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-49525886\">\n\n\n\t<div id=\"col-656239658\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-327306086\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-327306086 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-327306086 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-656239658 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-45379558\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4274720030\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-4274720030 {\n  color: rgb(255,255,255);\n}\n#text-4274720030 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1163510949\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_677192710\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/directors-report\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_677192710 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_677192710 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-497302102\">\n\n\n\t<div id=\"col-1954456695\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1016676473\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-1016676473 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-1016676473 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1954456695 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1396726250\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3209173123\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-3209173123 {\n  color: rgb(255,255,255);\n}\n#text-3209173123 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1406229983\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1967252934\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/corporate-governance\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1967252934 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1967252934 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-1483979046\">\n\n\n\t<div id=\"col-1473472966\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-571772645\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-571772645 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-571772645 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1473472966 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1808325639\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-4260109322\" class=\"text\">\n\t\t\n\n<p>The 18th Annual General Meeting will be held on 6 AUG 2025 at 12.30 p.m.<\/p>\n\t\t\n<style>\n#text-4260109322 {\n  color: rgb(255,255,255);\n}\n#text-4260109322 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-516101081\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1036511368\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/general-shareholder-information\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1036511368 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1036511368 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-547945396\">\n\n\n\t<div id=\"col-1732604105\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-20129431\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-20129431 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-20129431 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1732604105 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-2096690875\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-2565140362\" class=\"text\">\n\t\t\n\n<p>The standalone financial statements of the Company are elaborated here<\/p>\n\t\t\n<style>\n#text-2565140362 {\n  color: rgb(255,255,255);\n}\n#text-2565140362 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1126305614\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_2124437391\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/standalone-financial-statements\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_2124437391 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_2124437391 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row row-small\"  id=\"row-1062624860\">\n\n\n\t<div id=\"col-598097948\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-3124005498\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-3124005498 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3124005498 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-598097948 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1299860002\" class=\"col medium-7 small-10 large-7\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div id=\"text-1299529064\" class=\"text\">\n\t\t\n\n<p>The consolidated financial statements of the Company are elaborated here<\/p>\n\t\t\n<style>\n#text-1299529064 {\n  color: rgb(255,255,255);\n}\n#text-1299529064 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1567479269\" class=\"col medium-2 small-2 large-2\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_261607004\">\n\t\t<a class=\"\" href=\"https:\/\/investors.bajajauto.com\/ar25\/consolidated-financial-statement\/\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png\" class=\"attachment-original size-original\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w.png 400w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-300x300.png 300w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/06\/BAL_Arrow_w-150x150.png 150w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_261607004 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_261607004 {\n    width: 20%;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1314363891 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section hide-for-small\" id=\"section_1035114482\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n\t<div id=\"gap-1535176888\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1535176888 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-1535176888 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-2003770448\">\n\n\n\t<div id=\"col-1011432214\" 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-3553544554\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-3553544554 {\n  color: rgb(255,255,255);\n}\n#text-3553544554 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1011432214 > .col-inner {\n  margin: 0px 0px -20px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-702418823\">\n\n\n\t<div id=\"col-1128397697\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Annual_Report_2025.pdf\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1499\" height=\"1688\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01.jpg 1499w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1499px) 100vw, 1499px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h4>Annual Report <br \/>FY 2024-25<\/h4>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2095857930\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Notice_2025_Web.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h4>AGM Notice <br \/>2024-25<\/h4>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1679024368\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_ESOPs_2025.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h4>ESOP Disclosure <br \/>FY 2024-25<\/h4>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-399233935\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_BRSR_FY2024-25.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h4>Business Responsibility Report FY 2024-25<\/h4>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1035114482 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: rgb(0,0,0);\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section show-for-small\" id=\"section_1704920315\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n\t<div id=\"gap-661942836\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-661942836 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-661942836 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1592096284\">\n\n\n\t<div id=\"col-917483740\" 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-2677705440\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-2677705440 {\n  color: rgb(255,255,255);\n}\n#text-2677705440 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:100%;height:1px;background-color:rgb(145, 139, 139);\"><\/div>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-917483740 > .col-inner {\n  margin: 0px 0px -20px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-880554370\">\n\n\n\t<div id=\"col-1252516730\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Annual_Report_2025.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1499\" height=\"1688\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01.jpg 1499w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25-01-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1499px) 100vw, 1499px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h3>Annual Report <br \/>FY 2024-25<\/h3>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1909075094\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_Notice_2025_Web.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h3>AGM Notice <br \/>FY 2024-25<\/h3>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-2045928382\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_ESOPs_2025.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR_ESOP-Disclosure-FY-2024-25-1-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n<h3>ESOP Disclosure <br \/>FY 2024-25<\/h3>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-250667808\" class=\"col medium-3 small-6 large-3\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t<div class=\"box has-hover   has-hover box-overlay dark box-text-bottom\" >\n\n\t\t<div class=\"box-image\" >\n\t\t\t<a href=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_BRSR_FY2024-25.pdf\" target=\"_blank\" rel=\"noopener\" >\t\t\t<div class=\"\" >\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1689\" src=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1.jpg\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1.jpg 1500w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1-266x300.jpg 266w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1-909x1024.jpg 909w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1-768x865.jpg 768w, https:\/\/investors.bajajauto.com\/ar25\/wp-content\/uploads\/2025\/07\/BAL_AR25_BRR-1-1-1364x1536.jpg 1364w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\" \/>\t\t\t\t<div class=\"overlay\" style=\"background-color:1\"><\/div>\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/a>\t\t<\/div>\n\n\t\t<div class=\"box-text text-center\" >\n\t\t\t<div class=\"box-text-inner\">\n\t\t\t\t\n\n\t<div id=\"text-1925367353\" class=\"text\">\n\t\t\n\n<h3>Business Responsibility Report <br \/>FY 2024-25<\/h3>\n\t\t\n<style>\n#text-1925367353 {\n  text-align: center;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1704920315 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: rgb(0,0,0);\n}\n<\/style>\n\t<\/section>\n\t\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":744,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-transparent-header-light.php","meta":{"footnotes":""},"class_list":["post-8","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Annual Report \u2013 2025 - Annual Report 2024-25<\/title>\n<meta name=\"description\" content=\"The team guiding the strategic decisions and governance at Bajaj Auto\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investors.bajajauto.com\/ar25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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