{"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-1790206316\">\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-1360255345\" 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-1360255345 {\n  width: 60%;\n}\n#text-box-1360255345 .text-box-content {\n  font-size: 100%;\n}\n@media (min-width:550px) {\n  #text-box-1360255345 {\n    width: 60%;\n  }\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1790206316 {\n  padding-top: 450px;\n}\n#banner-1790206316 .banner-bg img {\n  object-position: 58% 51%;\n}\n@media (min-width:550px) {\n  #banner-1790206316 {\n    padding-top: 100%;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t<section class=\"section\" id=\"section_1335318458\">\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-1474210598\">\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-2073818184\" 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-2512278777\" 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-2512278777 {\n  line-height: 1.25;\n  text-align: left;\n  color: rgb(255,255,255);\n}\n#text-2512278777 > * {\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-292702537\" 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-292702537 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-292702537 > * {\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-4257092846\" 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-4257092846 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-4257092846 > * {\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-2073818184 {\n  width: 23%;\n}\n#text-box-2073818184 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1474210598 {\n  padding-top: 100%;\n}\n#banner-1474210598 .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_1335318458 {\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_154198595\">\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-891918319\">\n\n\n\t<div id=\"col-1588221766\" 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-1900760498\" 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-1900760498 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-1900760498 > * {\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-1588221766 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1588221766 > .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-1482250362\" 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-1482250362 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1482250362 > .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-892673114\" 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-1150480398\" 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-1150480398 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-1150480398 > * {\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-892673114 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-892673114 > .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-1714903146\" 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-1714903146 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1714903146 > .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-2002910728\" 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-305294484\" 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-305294484 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-305294484 > * {\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-2002910728 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-2002910728 > .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-1517238453\" 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-1517238453 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1517238453 > .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_154198595 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: #0069d7;\n}\n@media (min-width:550px) {\n  #section_154198595 {\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_1046621646\">\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-442272289\">\n\n\n\t<div id=\"col-460984787\" 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_908980011\">\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_908980011 {\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-206462579\" 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-836537263\">\n\n\n\t<div id=\"col-245599269\" 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-2997956464\" 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-2997956464 {\n  color: rgb(0,0,0);\n}\n#text-2997956464 > * {\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-245599269 > .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-206462579 > .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_1046621646 {\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_1566530876\">\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-1921462907\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1921462907 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-370412565\">\n\n\n\t<div id=\"col-98860005\" 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-1619182414\">\n\n\n\t<div id=\"col-887198957\" 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-2744240212\" 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-2744240212 {\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-1925259047\" 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-3800763582\" 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-3800763582 {\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-1552029545\">\n\n\n\t<div id=\"col-116585108\" 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-1136971808\" 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-1136971808 {\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-900490490\" 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-952328578\" 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-952328578 {\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-1940467504\">\n\n\n\t<div id=\"col-970830090\" 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-3532584380\" 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-3532584380 {\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-700632657\" 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-3855498904\" 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-3855498904 {\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_1566530876 {\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_636308940\">\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-821377164\">\n\n\n\t<div id=\"col-86275042\" 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-348612507\">\n\n\n\t<div id=\"col-1813435534\" 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-924550410\" 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-924550410 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-924550410 {\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-1571364907\" 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-2014371299\" 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-2014371299 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2014371299 {\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-1253942465\" 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-3917569541\" 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-3917569541 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-3917569541 {\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-1564712035\" 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-35462201\" 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-35462201 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-35462201 {\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-869048260\" 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-978100455\" 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-978100455 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-978100455 {\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-221287623\" 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-163985179\" 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-163985179 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-163985179 {\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-1841141619\" 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-1028047605\" 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-1028047605 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-1028047605 {\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-1805314554\" 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-738207827\" 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-738207827 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-738207827 {\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-86275042 > .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_636308940 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n#section_636308940 .section-bg-overlay {\n  background-color: rgba(0,0,0,.5);\n}\n#section_636308940 .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_1807800399\">\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-1696341826\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1696341826 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1496911717\">\n\n\n\t<div id=\"col-1710183735\" 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-666573036\" class=\"text\">\n\t\t\n\n<h2>Key Products<\/h2>\n\t\t\n<style>\n#text-666573036 {\n  color: rgb(255,255,255);\n}\n#text-666573036 > * {\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-241180583\" >\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-998267523\">\n\n\n\t<div id=\"col-1803349860\" 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-2133949117\" 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-289779239\" 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-279512664\" 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-982898952\">\n\n\n\t<div id=\"col-1303154892\" 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-193309367\" 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-1809971737\" 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-61879234\" 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-1999809915\">\n\n\n\t<div id=\"col-1179590762\" 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-1265762600\" 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-1955020465\" 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-1868000762\" 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-1019684847\">\n\n\n\t<div id=\"col-1114687591\" 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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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-2068893522\" 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-616324137\" 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-1390841714\" >\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-826310341\" 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-996245344\">\n\n\n\t<div id=\"col-1108216068\" 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-232455805\" 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-192288851\">\n\n\n\t<div id=\"col-1463472084\" 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-425520868\" 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-1587881431\">\n\n\n\t<div id=\"col-1557206131\" 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-1624461803\" 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-291570011\">\n\n\n\t<div id=\"col-55147252\" 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-1167996605\" 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-1670758162\">\n\n\n\t<div id=\"col-824206084\" 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-1298229066\" 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-1863689251\">\n\n\n\t<div id=\"col-1697169442\" 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-390159434\" 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-1710183735 > .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-1149244613\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1149244613 {\n  padding-top: 20px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-557565269\">\n\n\n\t<div id=\"col-1719883083\" 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-3706516077\" class=\"text\">\n\t\t\n\n<h2>Performance at a Glance<\/h2>\n\t\t\n<style>\n#text-3706516077 {\n  color: rgb(255,255,255);\n}\n#text-3706516077 > * {\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-153428606\">\n\n\n\t<div id=\"col-58212488\" 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-1178646032\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1178646032 {\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-2088379420\">\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-2008066867\" 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-2008066867 {\n  width: 60%;\n}\n#text-box-2008066867 .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-1719883083 > .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_1232350422\">\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_1232350422 {\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_1807800399 {\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_1453658351\">\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-1606629168\">\n\n\n\t<div id=\"col-1605031755\" 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-550536608\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-550536608 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-2414917685\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-2414917685 {\n  color: rgb(255,255,255);\n}\n#text-2414917685 > * {\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-2029695521\">\n\n\n\t<div id=\"col-1562752584\" 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-3880641047\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/h6>\n\t\t\n<style>\n#text-3880641047 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3880641047 > * {\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-1694586205\" 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-455886776\" 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-455886776 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-455886776 > * {\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-466074831\" 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_385985046\">\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_385985046 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_385985046 {\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-2029695521 > .col > .col-inner {\n  padding: 0px 0px 0px 0px;\n}\n<\/style>\n<\/div>\n<div class=\"row row-small\"  id=\"row-1594760055\">\n\n\n\t<div id=\"col-1404743811\" 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-1080039070\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-1080039070 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1080039070 > * {\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-809472865\" 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-1123716821\" 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-1123716821 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1123716821 > * {\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-1615476344\" 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_1737093884\">\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_1737093884 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1737093884 {\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-1938641078\">\n\n\n\t<div id=\"col-1047901856\" 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-1557852747\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-1557852747 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1557852747 > * {\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-1077324549\" 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-1017503225\" 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-1017503225 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1017503225 > * {\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-439518701\" 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_1444097321\">\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_1444097321 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1444097321 {\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-1889724928\">\n\n\n\t<div id=\"col-722103875\" 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-2595673968\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-2595673968 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2595673968 > * {\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-2002828730\" 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-880825450\" 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-880825450 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-880825450 > * {\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-1339829381\" 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_1873342492\">\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_1873342492 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1873342492 {\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-63153955\">\n\n\n\t<div id=\"col-855304933\" 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-521148810\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-521148810 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-521148810 > * {\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-1614210562\" 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-3150873709\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-3150873709 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3150873709 > * {\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-263134649\" 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_163090167\">\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_163090167 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_163090167 {\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-1120931018\">\n\n\n\t<div id=\"col-1598684758\" 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-1649164890\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-1649164890 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1649164890 > * {\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-933939144\" 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-3183688167\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-3183688167 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3183688167 > * {\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-1714345554\" 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_360024777\">\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_360024777 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_360024777 {\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-537994355\">\n\n\n\t<div id=\"col-1807494021\" 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-3622399106\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-3622399106 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3622399106 > * {\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-270915578\" 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-3057829879\" 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-3057829879 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3057829879 > * {\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-525077578\" 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_1358906512\">\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_1358906512 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1358906512 {\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-1556379388\">\n\n\n\t<div id=\"col-141376248\" 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-2903875286\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-2903875286 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2903875286 > * {\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-1265929830\" 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-2828926874\" 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-2828926874 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2828926874 > * {\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-1146017664\" 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_1837857645\">\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_1837857645 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1837857645 {\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-400493417\">\n\n\n\t<div id=\"col-1079462137\" 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-2829871008\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-2829871008 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2829871008 > * {\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-2114575262\" 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-33545675\" 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-33545675 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-33545675 > * {\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-402495795\" 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_752495032\">\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_752495032 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_752495032 {\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-959066952\" 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_1453658351 {\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_290234831\">\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-1137702692\">\n\n\n\t<div id=\"col-1267564313\" 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-3351918304\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-3351918304 {\n  color: rgb(255,255,255);\n}\n#text-3351918304 > * {\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-1267564313 > .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-1798898183\">\n\n\n\t<div id=\"col-1754790518\" 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-653689860\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/p>\n\t\t\n<style>\n#text-653689860 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-653689860 > * {\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-1754790518 > .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-99974058\" 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-1078091259\" 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-1078091259 {\n  color: rgb(255,255,255);\n}\n#text-1078091259 > * {\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-633332368\" 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_1068995249\">\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_1068995249 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1068995249 {\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-1388266654\">\n\n\n\t<div id=\"col-713937423\" 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-3634325592\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-3634325592 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3634325592 > * {\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-713937423 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-221266440\" 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-2813908885\" 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-2813908885 {\n  color: rgb(255,255,255);\n}\n#text-2813908885 > * {\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-1645743204\" 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_99948618\">\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_99948618 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_99948618 {\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-1291098879\">\n\n\n\t<div id=\"col-455892181\" 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-1282783895\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-1282783895 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-1282783895 > * {\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-455892181 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1517745365\" 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-3026061737\" 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-3026061737 {\n  color: rgb(255,255,255);\n}\n#text-3026061737 > * {\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-2141368432\" 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_176708180\">\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_176708180 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_176708180 {\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-896659789\">\n\n\n\t<div id=\"col-333594120\" 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-1537667259\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-1537667259 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-1537667259 > * {\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-333594120 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1855098497\" 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-995300661\" 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-995300661 {\n  color: rgb(255,255,255);\n}\n#text-995300661 > * {\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-1410316820\" 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_314296038\">\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_314296038 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_314296038 {\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-541664624\">\n\n\n\t<div id=\"col-1101199617\" 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-3727015521\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-3727015521 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3727015521 > * {\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-1101199617 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1600951992\" 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-1429433651\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-1429433651 {\n  color: rgb(255,255,255);\n}\n#text-1429433651 > * {\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-1438416436\" 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_24838541\">\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_24838541 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_24838541 {\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-286834887\">\n\n\n\t<div id=\"col-632362379\" 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-2760068846\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-2760068846 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-2760068846 > * {\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-632362379 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-789638137\" 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-1765877406\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-1765877406 {\n  color: rgb(255,255,255);\n}\n#text-1765877406 > * {\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-1535273541\" 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_1061469069\">\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_1061469069 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1061469069 {\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-1333479496\">\n\n\n\t<div id=\"col-656712163\" 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-1905927462\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-1905927462 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-1905927462 > * {\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-656712163 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-2135572848\" 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-780862694\" 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-780862694 {\n  color: rgb(255,255,255);\n}\n#text-780862694 > * {\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-881093551\" 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_791168045\">\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_791168045 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_791168045 {\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-1690292504\">\n\n\n\t<div id=\"col-1429917100\" 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-844712188\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-844712188 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-844712188 > * {\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-1429917100 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1216303354\" 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-944845354\" 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-944845354 {\n  color: rgb(255,255,255);\n}\n#text-944845354 > * {\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-1776967998\" 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_770910169\">\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_770910169 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_770910169 {\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-314476625\">\n\n\n\t<div id=\"col-1204709890\" 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-333848442\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-333848442 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-333848442 > * {\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-1204709890 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-2031375442\" 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-1416566147\" 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-1416566147 {\n  color: rgb(255,255,255);\n}\n#text-1416566147 > * {\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-90412785\" 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_2087135157\">\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_2087135157 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_2087135157 {\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_290234831 {\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_1474313876\">\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-795414327\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-795414327 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-795414327 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-728274361\">\n\n\n\t<div id=\"col-1355040293\" 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-2276386906\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-2276386906 {\n  color: rgb(255,255,255);\n}\n#text-2276386906 > * {\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-1355040293 > .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-401726954\">\n\n\n\t<div id=\"col-2011443868\" 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-487062985\" 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-1565985988\" 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-1525073202\" 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_1474313876 {\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_1597253565\">\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-289506468\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-289506468 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-289506468 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1366152289\">\n\n\n\t<div id=\"col-1008216499\" 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-4288546413\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-4288546413 {\n  color: rgb(255,255,255);\n}\n#text-4288546413 > * {\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-1008216499 > .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-1097592057\">\n\n\n\t<div id=\"col-849158746\" 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-387200293\" 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-1269084561\" 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-823106256\" 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-2077414716\" class=\"text\">\n\t\t\n\n<h3>Business Responsibility Report <br \/>FY 2024-25<\/h3>\n\t\t\n<style>\n#text-2077414716 {\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_1597253565 {\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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