Stockrabit · Analysts
Questions across 2 calls

Pramod Kumar

UBS Group

Bajaj Auto Limited

Bajaj Auto Limited CC-Dec24.pdf · 2025-01-28
Yes sir. Thanks a lot for the opportunity. Sir, a couple of questions. On the cost side, we seem to have had like a flat line of other expenses and employee costs on stand-alone basis. While on consolidated basis, there's been a sharp jump. So, I just want to understand what are the big cost elements that are sitting outside of the standalone numbers, which are sitting in the consolidated numbers? And also, if you can just explain how are you managing cost, especially given it's the festive season, marketing costs are elevated, there have been promotion scheme. So just if you can help us understand the data there. That will be my first question, sir.
Dinesh thanks a lot for that. Just a clarification. So a lot of these investments related to EV and future technologies are sitting on that particular subsidiary, while we are booking the PLI and other bits on the stand-alone entity, is that understanding right?

InterGlobe Aviation Limited

InterGlobe Aviation Limited CC-Sep24.pdf · 2024-10-25
First accounting question on the tax rate expectations, what do you have for FY’26 and FY’27, Gaurav?
Given that you highlighted hotel charges have got expensive, and there are some other cost elements, which are also kind of going out of control. So, is there a thought to use the balance sheet what you have to kind of probably look at investing in hotel infrastructure or something like that, because that’s a fixed, permanent cost for you, given the business model, right? So, is it some kind of a thought that you can look at investing or creating accommodation spaces which are not exactly very fancy like a 5-Star and end up paying the same rate. And something which can reduce your costs over a longer term for what do you spend on accommodating your crew? And also on the airport charges side, is there a discussion with the government because ultimately, any airport charge is borne by the customer, right? And in a few cases, even the airlines will have to bear some of the cost. But is there a discussion with the government that some of these airports which are increasingly turning out to be like more like fancy lounges and very expensive looking airports, is there a discussion with this on the government that is there a way they can probably relook at the entire way these airports are done and the kind of CAPEX approval, which are given because the return is linked to the CAPEX what you do to an extent, right, for the airport operators and the guys who make the airports, because ultimately the cost is being bo rne by the consumer. So, any thoughts on that, please?