Bajaj Holdings & Investment Reports Q1 FY2027 Results, Board Meeting Concludes in 35 Minutes
The Indian holding company's board approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, with limited review reports from auditors.
Board Approves Quarterly Results
Bajaj Holdings & Investment Limited disclosed that its Board of Directors approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 at a meeting held on 31 July 2026. The meeting commenced at 3:00 p.m. and concluded at 3:35 p.m., lasting 35 minutes (Other Financials filing, 2026-07-31).
The company, which trades on BSE under code 500490 and NSE as BAJAJHLDNG, submitted the results to stock exchanges under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations. The board also approved limited review reports separately for standalone and consolidated financials, along with a press release (Other Financials filing, 2026-07-31).
Auditor Review and Scope
Khandelwal Jain & Co., the independent auditor, conducted its review in accordance with Standard on Review Engagements (SRE) 2410. The auditor noted that "nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with applicable Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed" (Other Financials filing, 2026-07-31).
The review was substantially less in scope than a full audit, aiming to obtain moderate assurance rather than absolute certainty. The auditor clarified that it did not express an audit opinion on the results (Other Financials filing, 2026-07-31).
Consolidated Structure and Associates
The consolidated financial results encompassed Bajaj Holdings' subsidiaries Maharashtra Scooters Limited and Bajaj Auto Holdings Limited, as well as its share of net profit from associates Bajaj Auto Limited and Bajaj Finserv Limited (Other Financials filing, 2026-07-31).
The group's share of net profit after tax totaled Rs. 2,358.69 crore, with total comprehensive income of Rs. 3,031.48 crore for the quarter, in respect of two associates whose interim financial results were reviewed by other auditors (Other Financials filing, 2026-07-31).
Insurance Subsidiaries and Actuarial Valuations
The filing highlighted specific actuarial matters at insurance subsidiaries within the associate structure. Bajaj Life Insurance Limited's auditor included other matter paragraphs regarding actuarial valuation of liabilities for life policies, certified by the Appointed Actuary in accordance with Insurance Regulatory and Development Authority of India (IRDAI) guidelines (Other Financials filing, 2026-07-31).
For Bajaj General Insurance Limited, the actuarial valuation of Claims Incurred but Not Reported (IBNR) and Claims Incurred But Not Enough Reported (IBNER) was certified by the Appointed Actuary as being in accordance with IRDAI norms, Ind AS 104 'Insurance Contracts', and Ind AS 109 'Financial Instruments' (Other Financials filing, 2026-07-31).
Unreviewed Entities
The consolidated results included one subsidiary with total revenues of Rs. 346.05 crore and net profit after tax of Rs. 345.40 crore that was not reviewed by its auditor, which management deemed not material to the group considering consolidation adjustments. Additionally, the consolidated financial results of the two associates included unaudited financial results of twenty entities that had not been reviewed by any auditor (Other Financials filing, 2026-07-31).
Bajaj Holdings & Investment operates from its corporate office in Viman Nagar, Pune, with a registered office at the Bajaj Auto Limited Complex in Akurdi. The company's Corporate ID is L65100PN1945PLC004656 (Other Financials filing, 2026-07-31).
This article was generated by MarginX from the Other Financials filing on 2026-07-31. It is not investment advice.