Bajaj Auto Q2: profit up 35%, first quarter with revenue above Rs 20,000 crore

Bajaj Auto reported standalone net profit of Rs 3,354 crore for July to September 2026, up 35% from Rs 2,480 crore a year earlier. Revenue from operations was Rs 20,003 crore, up 34%, and it was the first time the company crossed Rs 20,000 crore in a quarter.

The main numbers

• EBITDA, the operating profit before interest, tax and depreciation, was Rs 4,172 crore, up 37%. The margin was 20.9%, against 20.5% a year ago.
• The company sold 15,48,884 vehicles, up 20%. Domestic sales rose 16% and exports rose 41%.
• Two-wheeler sales rose 20% and commercial vehicles rose 18%.
• Revenue and profit were about 4.8% and 5.5% above the average estimate of 20 analysts in an Informist survey, the report says.

For the first half of FY27 (April to September), standalone revenue was Rs 37,247 crore, up 35%, and net profit was Rs 6,337 crore, up 38%.

What this means for you

• Exports growing faster than home sales shows demand abroad is strong, which supports factory and dealer-service work.
• Bajaj's management has also warned that low-income buyers are delaying entry-level bike purchases. Our earlier story covers that.

These are standalone results, which leave out subsidiaries. The report does not give consolidated figures.