Bajaj Auto Q2 earnings: Revenue hits Rs 20,000 crore mark for first time, net profit rises 35% 

Shares of Bajaj Auto Ltd rose 3% on Tuesday after the auto maker announced a 35% rise in standalone Q2 net profit. Net profit climbed 35.2% to Rs 3354 crore in the September 2026 quarter against Rs 2480 crore profit in the corresponding quarter of the previous fiscal.  Revenue from operations rose 34.1% to Rs 20,003 crore compared to Rs 14,922 crore in the corresponding quarter of the previous financial year. This is the first time revenue in a quarter has hit the Rs 20,000 crore mark.

EBITDA climbed 36.7% to Rs 4,171 crore in Q2 against Rs 3,052 crore EBITDA on a YoY basis. EBITDA Margin rose 40 bps to 20.9% in Q2 against 20.5% (YoY).

EBITDA margins rose despite another quarter of volatility and hyper-inflation; underscoring the disciplined and dynamic P&L management, as currency tailwind, operating leverage and cost control made up for the partial recovery of input inflation through pricing, said Bajaj Auto.

Domestic business posted record quarterly revenues, registering a robust 30% YoY growth on a solid show from both two wheelers and three wheelers.

While the Internal Combustion Engine (ICE) segment maintained its steady growth, it was the electric portfolio which spearheaded the growth, logging a record 200k units against 82k in Q2'26 despite navigating a significantly constrained supply situation, and now constituting one-third of domestic revenues, a statement by the company said.

Exports rose 40% YoY despite intermittent logistical disruptions. The Africa business nearly doubled its billing over the base quarter to reach a new high surpassing its FY21 quarterly peak, while Latin America sustained its strong momentum to register its best-ever sales yet again.

Bajaj Auto shares closed 3.77% higher at Rs 10,377. Market cap of the firm rose to Rs 2.85 lakh crore. Earnings were announced during market hours.