Bajaj Auto Q2 results: Net profit jumps 53% to ₹2,122 cr, revenue up 19%
Bajaj Auto's overall sales in Q2FY26 grew 6 per cent to 1.29 million units from 1.22 million units in the same quarter last year
Rahul Goreja New Delhi Bajaj Auto on Friday reported a 53 per cent jump in its consolidated net profit to ₹2,122.03 crore for the second quarter of the financial year 2025-26 (Q2FY26), from ₹1,385.44 crore in the same quarter last year. Sequentially, however, profit declined 4 per cent from ₹2,210.44 crore in Q1FY26.
The automaker's revenue from operations for the quarter stood at ₹15,734.74 crore, up 18.8 per cent year-on-year (Y-o-Y) and 19.8 per cent sequentially.
The performance was driven by growth across export markets, a richer product mix, and record spares sales, the company said in a BSE filing.
"Strong performance across businesses more than made up for the disruption arising from the rare earth magnet constraints that impacted what was the fastest growing part of the portfolio (electric)," the company said.
The company's overall sales in Q2FY26 grew 6 per cent to 1.29 million units from 1.22 million units in the same quarter last year. Here's a look at Bajaj Auto's segment-wise Y-o-Y performance:
> Domestic sales: 740,793 units, down 5 per cent from 776,711 units
*Two-wheelers: 596,576 units, down 6 per cent from 636,801 units
*Commercial vehicles: 144,217 units, up 3 per cent from 139,910 units
While domestic sales slumped, the revenue increased on the back of growth in the premium bikes segment and double-digit growth in commercial vehicles, the company said. It added that its electric vehicles business continues to scale up and has added a little over ₹10,000 crore in revenue in the last two years.
>Exports: 553,327 units, up 24 per cent from 444,793 units
*Two-wheelers: 472,411 units, up 19 per cent from 396,407 units
*Commercial vehicles: 80,916 units, up 67 per cent from 48,386 units
Bajaj Auto’s export revenue rose 35 per cent Y-o-Y, driven by strong growth in KTM and three-wheeler shipments.
Bajaj Auto Q2 result highlights
Revenue: ₹15,734.74 crore
Profit: ₹2,122.03 crore
Earnings per share: ₹76 (basic) and ₹75.9 (diluted)