Bajaj Auto rides on Pulsar, KTM to soften pandemic blow on Q2 numbers

Brisk Pulsar 125cc sales cushion firms' margins, even as net profit dips 19% on lower volumes

Bajaj Auto’s flagship Pulsar and KTM have helped the automaker cushion the impact of the Covid-19 pandemic and bumped up its margins in the September quarter over the year-ago period. Net profit at the Pune-based company dropped 18.8 per cent as volumes took a hit due to the pandemic.

The maker of Pulsar and Discover reported a net profit of Rs 1,138.20 crore in the second quarter, compared to Rs 1,402.42 crore a year ago. Revenue from operations during the quarter dropped to Rs 7,155.86 crore, from Rs 7,707.32 crore a year ago. Despite weak operational performance — dragged down