{"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-490673437\">\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-215908570\" 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-215908570 {\n  width: 60%;\n}\n#text-box-215908570 .text-box-content {\n  font-size: 100%;\n}\n@media (min-width:550px) {\n  #text-box-215908570 {\n    width: 60%;\n  }\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-490673437 {\n  padding-top: 450px;\n}\n#banner-490673437 .banner-bg img {\n  object-position: 58% 51%;\n}\n@media (min-width:550px) {\n  #banner-490673437 {\n    padding-top: 100%;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t<section class=\"section\" id=\"section_1964705839\">\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-990438157\">\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-1256332385\" 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-2888863564\" 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-2888863564 {\n  line-height: 1.25;\n  text-align: left;\n  color: rgb(255,255,255);\n}\n#text-2888863564 > * {\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-1337614077\" 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-1337614077 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-1337614077 > * {\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-2351211086\" 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-2351211086 {\n  line-height: 1.15;\n  color: rgb(255,255,255);\n}\n#text-2351211086 > * {\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-1256332385 {\n  width: 23%;\n}\n#text-box-1256332385 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-990438157 {\n  padding-top: 100%;\n}\n#banner-990438157 .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_1964705839 {\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_1499285932\">\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-1252477905\">\n\n\n\t<div id=\"col-1082448945\" 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-2944691618\" 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-2944691618 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-2944691618 > * {\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-1082448945 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1082448945 > .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-1441816311\" 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-1441816311 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1441816311 > .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-763040924\" 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-2592880804\" 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-2592880804 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-2592880804 > * {\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-763040924 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-763040924 > .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-890553623\" 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-890553623 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-890553623 > .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-1781040019\" 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-3820213899\" 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-3820213899 {\n  line-height: 1.2;\n  color: rgb(255,255,255);\n}\n#text-3820213899 > * {\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-1781040019 > .col-inner {\n  padding: 20px 10px 0px 30px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-1781040019 > .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-957139027\" 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-957139027 > .col-inner {\n  padding: 20px 10px 10px 10px;\n  margin: 0px 0px 0px 0px;\n}\n@media (min-width:550px) {\n  #col-957139027 > .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_1499285932 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: #0069d7;\n}\n@media (min-width:550px) {\n  #section_1499285932 {\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_1321812232\">\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-550033504\">\n\n\n\t<div id=\"col-383631919\" 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_913884617\">\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_913884617 {\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-2131518053\" 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-324594772\">\n\n\n\t<div id=\"col-1771113955\" 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-4155123153\" 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-4155123153 {\n  color: rgb(0,0,0);\n}\n#text-4155123153 > * {\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-1771113955 > .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-2131518053 > .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_1321812232 {\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_1299934592\">\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-709726088\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-709726088 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-164503500\">\n\n\n\t<div id=\"col-118391567\" 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-603633393\">\n\n\n\t<div id=\"col-460570451\" 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-1277264390\" 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-1277264390 {\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-268829821\" 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-935616546\" 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-935616546 {\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-1950308020\">\n\n\n\t<div id=\"col-1448674667\" 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-726636904\" 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-726636904 {\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-1084097626\" 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-1112459809\" 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-1112459809 {\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-661652857\">\n\n\n\t<div id=\"col-986330017\" 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-1208239182\" 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-1208239182 {\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-22236753\" 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-189173950\" 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-189173950 {\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_1299934592 {\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_767177010\">\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-2110188551\">\n\n\n\t<div id=\"col-1270496787\" 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-553199698\">\n\n\n\t<div id=\"col-547992509\" 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-2214125677\" 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-2214125677 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2214125677 {\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-1672688914\" 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-1468172409\" 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-1468172409 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-1468172409 {\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-538955238\" 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-2217435729\" 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-2217435729 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2217435729 {\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-256776963\" 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-287612740\" 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-287612740 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-287612740 {\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-698917648\" 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-2780774300\" 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-2780774300 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2780774300 {\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-1021709462\" 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-2383125161\" 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-2383125161 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2383125161 {\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-1620877472\" 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-2495509866\" 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-2495509866 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2495509866 {\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-917812510\" 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-2322079958\" 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-2322079958 {\n  font-size: 1rem;\n  text-align: left;\n}\n@media (min-width:550px) {\n  #text-2322079958 {\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-1270496787 > .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_767177010 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n#section_767177010 .section-bg-overlay {\n  background-color: rgba(0,0,0,.5);\n}\n#section_767177010 .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_1986366526\">\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-1212785018\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1212785018 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-880319437\">\n\n\n\t<div id=\"col-1401882400\" 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-3245671550\" class=\"text\">\n\t\t\n\n<h2>Key Products<\/h2>\n\t\t\n<style>\n#text-3245671550 {\n  color: rgb(255,255,255);\n}\n#text-3245671550 > * {\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-1536975322\" >\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-374595487\">\n\n\n\t<div id=\"col-1415375795\" 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-1381555037\" 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-1901888412\" 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-1479053079\" 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-184564620\">\n\n\n\t<div id=\"col-1975321987\" 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-95662486\" 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-147150625\" 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-2113275170\" 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-1645789859\">\n\n\n\t<div id=\"col-201209967\" 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-1355701959\" 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-582109517\" 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-532871999\" 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-1274423230\">\n\n\n\t<div id=\"col-1953554500\" 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-1838794883\" 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-794128214\" 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-491163946\" 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-529491590\" >\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-626072877\" 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-945870324\">\n\n\n\t<div id=\"col-861747105\" 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-257780188\" 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-368325103\">\n\n\n\t<div id=\"col-2011852880\" 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-1005567058\" 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-1079323025\">\n\n\n\t<div id=\"col-73577719\" 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-451656794\" 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-263792206\">\n\n\n\t<div id=\"col-1555487443\" 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-2092379795\" 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-2083337203\">\n\n\n\t<div id=\"col-1755471578\" 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-546872303\" 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-1186013043\">\n\n\n\t<div id=\"col-654903337\" 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-472481881\" 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-1401882400 > .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-771029479\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-771029479 {\n  padding-top: 20px;\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1322121744\">\n\n\n\t<div id=\"col-567821259\" 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-3587261577\" class=\"text\">\n\t\t\n\n<h2>Performance at a Glance<\/h2>\n\t\t\n<style>\n#text-3587261577 {\n  color: rgb(255,255,255);\n}\n#text-3587261577 > * {\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-1908075557\">\n\n\n\t<div id=\"col-1464511439\" 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-252696724\" class=\"gap-element clearfix hide-for-small\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-252696724 {\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-353598562\">\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-771078726\" 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-771078726 {\n  width: 60%;\n}\n#text-box-771078726 .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-567821259 > .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_1127772316\">\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_1127772316 {\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_1986366526 {\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_1645541895\">\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-574682744\">\n\n\n\t<div id=\"col-1033923231\" 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-110178610\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-110178610 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div id=\"text-2898171998\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-2898171998 {\n  color: rgb(255,255,255);\n}\n#text-2898171998 > * {\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-1089374657\">\n\n\n\t<div id=\"col-1213282051\" 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-306938118\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/h6>\n\t\t\n<style>\n#text-306938118 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-306938118 > * {\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-1481175538\" 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-2842284204\" 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-2842284204 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2842284204 > * {\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-24592342\" 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_654852607\">\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_654852607 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_654852607 {\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-1089374657 > .col > .col-inner {\n  padding: 0px 0px 0px 0px;\n}\n<\/style>\n<\/div>\n<div class=\"row row-small\"  id=\"row-2052220096\">\n\n\n\t<div id=\"col-1801636246\" 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-1068062990\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-1068062990 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1068062990 > * {\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-2004652254\" 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-4210888663\" 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-4210888663 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-4210888663 > * {\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-2019543254\" 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_173796705\">\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_173796705 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_173796705 {\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-1238991904\">\n\n\n\t<div id=\"col-653136607\" 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-2201218115\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-2201218115 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2201218115 > * {\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-154916323\" 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-4120814902\" 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-4120814902 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-4120814902 > * {\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-1976150325\" 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_531513625\">\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_531513625 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_531513625 {\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-934543050\">\n\n\n\t<div id=\"col-841212348\" 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-1008004865\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-1008004865 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1008004865 > * {\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-1513664098\" 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-252923539\" 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-252923539 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-252923539 > * {\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-30276511\" 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_369055182\">\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_369055182 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_369055182 {\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-784872486\">\n\n\n\t<div id=\"col-170158400\" 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-2881612788\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-2881612788 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2881612788 > * {\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-1313379085\" 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-1361395889\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-1361395889 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1361395889 > * {\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-1860486129\" 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_1650082090\">\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_1650082090 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1650082090 {\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-679843743\">\n\n\n\t<div id=\"col-609295641\" 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-677749637\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-677749637 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-677749637 > * {\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-906123494\" 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-2418376949\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-2418376949 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2418376949 > * {\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-1238014031\" 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_799195170\">\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_799195170 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_799195170 {\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-2066033457\">\n\n\n\t<div id=\"col-304623542\" 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-2697735596\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-2697735596 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2697735596 > * {\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-949989547\" 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-2504794782\" 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-2504794782 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-2504794782 > * {\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-2091012185\" 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_1516038120\">\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_1516038120 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_1516038120 {\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-4675296\">\n\n\n\t<div id=\"col-972825474\" 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-3456581991\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-3456581991 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3456581991 > * {\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-1641672031\" 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-1531962316\" 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-1531962316 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1531962316 > * {\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-287707465\" 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_221684701\">\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_221684701 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_221684701 {\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-1860022948\">\n\n\n\t<div id=\"col-1149503407\" 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-3893926553\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-3893926553 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-3893926553 > * {\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-536619903\" 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-1262084146\" 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-1262084146 {\n  font-size: 1.3rem;\n  color: rgb(255,255,255);\n}\n#text-1262084146 > * {\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-426415430\" 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_363556351\">\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_363556351 {\n  width: 10%;\n}\n@media (min-width:550px) {\n  #image_363556351 {\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-279979900\" 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_1645541895 {\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_319585667\">\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-1815559888\">\n\n\n\t<div id=\"col-1102260787\" 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-1206859449\" class=\"text\">\n\t\t\n\n<h2>Annual Report at a Glance<\/h2>\n\t\t\n<style>\n#text-1206859449 {\n  color: rgb(255,255,255);\n}\n#text-1206859449 > * {\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-1102260787 > .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-67716591\">\n\n\n\t<div id=\"col-1854592034\" 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-3550222519\" class=\"text\">\n\t\t\n\n<p><b>Board of Directors<\/b><\/p>\n\t\t\n<style>\n#text-3550222519 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3550222519 > * {\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-1854592034 > .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-81557413\" 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-3503308144\" 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-3503308144 {\n  color: rgb(255,255,255);\n}\n#text-3503308144 > * {\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-661520339\" 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_1223762689\">\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_1223762689 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1223762689 {\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-1548764783\">\n\n\n\t<div id=\"col-1504831633\" 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-1985054097\" class=\"text\">\n\t\t\n\n<p><b>Management Team<\/b><\/p>\n\t\t\n<style>\n#text-1985054097 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-1985054097 > * {\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-1504831633 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-495395161\" 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-1131561251\" 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-1131561251 {\n  color: rgb(255,255,255);\n}\n#text-1131561251 > * {\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-1773053189\" 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_454147497\">\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_454147497 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_454147497 {\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-1132966532\">\n\n\n\t<div id=\"col-864020923\" 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-3219554569\" class=\"text\">\n\t\t\n\n<p><b>Chairman\u2019s Letter<\/b><\/p>\n\t\t\n<style>\n#text-3219554569 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3219554569 > * {\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-864020923 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1549342826\" 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-2828565031\" 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-2828565031 {\n  color: rgb(255,255,255);\n}\n#text-2828565031 > * {\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-1745582920\" 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_1874208575\">\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_1874208575 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1874208575 {\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-1605912767\">\n\n\n\t<div id=\"col-1868500136\" 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-930635607\" class=\"text\">\n\t\t\n\n<p><b>Management Discussion And Analysis<\/b><\/p>\n\t\t\n<style>\n#text-930635607 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-930635607 > * {\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-1868500136 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1749840602\" 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-872934390\" 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-872934390 {\n  color: rgb(255,255,255);\n}\n#text-872934390 > * {\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-342741084\" 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_1564101248\">\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_1564101248 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1564101248 {\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-1281717385\">\n\n\n\t<div id=\"col-1915190182\" 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-2815154048\" class=\"text\">\n\t\t\n\n<p><b>Directors\u2019 Report<\/b><\/p>\n\t\t\n<style>\n#text-2815154048 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-2815154048 > * {\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-1915190182 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-520263482\" 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-3821558491\" class=\"text\">\n\t\t\n\n<p>The directors present their Eighteen Annual Report<\/p>\n\t\t\n<style>\n#text-3821558491 {\n  color: rgb(255,255,255);\n}\n#text-3821558491 > * {\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-1505361006\" 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_2059204947\">\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_2059204947 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_2059204947 {\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-1511726737\">\n\n\n\t<div id=\"col-1063228854\" 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-3161496565\" class=\"text\">\n\t\t\n\n<p><b>Corporate Governance<\/b><\/p>\n\t\t\n<style>\n#text-3161496565 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3161496565 > * {\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-1063228854 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-545299938\" 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-1563130817\" class=\"text\">\n\t\t\n\n<p>Corporate governance is about promoting fairness, transparency, accountability,<\/p>\n\t\t\n<style>\n#text-1563130817 {\n  color: rgb(255,255,255);\n}\n#text-1563130817 > * {\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-1077356701\" 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_1033682677\">\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_1033682677 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1033682677 {\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-1791108237\">\n\n\n\t<div id=\"col-1793297846\" 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-2172341718\" class=\"text\">\n\t\t\n\n<p><b>General Shareholder Information<\/b><\/p>\n\t\t\n<style>\n#text-2172341718 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-2172341718 > * {\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-1793297846 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1040765680\" 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-3877969939\" 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-3877969939 {\n  color: rgb(255,255,255);\n}\n#text-3877969939 > * {\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-902548290\" 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_959705207\">\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_959705207 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_959705207 {\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-82828788\">\n\n\n\t<div id=\"col-1239057865\" 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-3521440180\" class=\"text\">\n\t\t\n\n<p><b>Standalone Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-3521440180 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-3521440180 > * {\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-1239057865 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-2039128675\" 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-3533597388\" 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-3533597388 {\n  color: rgb(255,255,255);\n}\n#text-3533597388 > * {\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-279469089\" 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_1120041348\">\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_1120041348 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_1120041348 {\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-1754068502\">\n\n\n\t<div id=\"col-1594800103\" 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-2052968839\" class=\"text\">\n\t\t\n\n<p><b>Consolidated Financial Statements<\/b><\/p>\n\t\t\n<style>\n#text-2052968839 {\n  font-size: 1.2rem;\n  color: rgb(255,255,255);\n}\n#text-2052968839 > * {\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-1594800103 > .col-inner {\n  margin: 0px 0px -30px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1867511084\" 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-188411385\" 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-188411385 {\n  color: rgb(255,255,255);\n}\n#text-188411385 > * {\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-894303319\" 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_983541989\">\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_983541989 {\n  width: 50%;\n}\n@media (min-width:550px) {\n  #image_983541989 {\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_319585667 {\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_1746799167\">\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-280205505\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-280205505 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-280205505 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1714071923\">\n\n\n\t<div id=\"col-694699652\" 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-4240527364\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-4240527364 {\n  color: rgb(255,255,255);\n}\n#text-4240527364 > * {\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-694699652 > .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-1341151991\">\n\n\n\t<div id=\"col-449882320\" 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-193728535\" 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-1251791923\" 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-27685352\" 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_1746799167 {\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_1662041084\">\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-844965360\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-844965360 {\n  padding-top: 30px;\n}\n@media (min-width:550px) {\n  #gap-844965360 {\n    padding-top: 60px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<div class=\"row\"  id=\"row-1818502018\">\n\n\n\t<div id=\"col-1523380523\" 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-3443677467\" class=\"text\">\n\t\t\n\n<h2>Downloads<\/h2>\n\t\t\n<style>\n#text-3443677467 {\n  color: rgb(255,255,255);\n}\n#text-3443677467 > * {\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-1523380523 > .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-2068958553\">\n\n\n\t<div id=\"col-192677932\" 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-1789821056\" 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-1505338450\" 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-859166179\" 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-520249041\" class=\"text\">\n\t\t\n\n<h3>Business Responsibility Report <br \/>FY 2024-25<\/h3>\n\t\t\n<style>\n#text-520249041 {\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_1662041084 {\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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