Bajaj Auto Q2 FY27 results: Bajaj Auto reported a 35.2 percent year-on-year increase in standalone net profit to Rs 3,353.8 crore for the fiscal second quarter, driven by strong revenue growth and higher vehicle sales, particularly in export markets. The two-wheeler and three-wheeler manufacturer's revenue from operations rose 34.1 percent to Rs 20,003.4 crore in the July-September quarter, compared with Rs 14,922 crore in the year-ago period.
Bajaj Auto's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 37 percent to Rs 4,172 crore from Rs 3,052 crore a year earlier. The EBITDA margin expanded 40 basis points year-on-year to 20.9 percent from 20.5 percent. Sequentially, the margin remained unchanged at 20.9 percent.
Compared with the preceding quarter, revenue increased 16 percent, EBITDA rose 16 percent and net profit grew 12 percent.
Bajaj Auto's total vehicle sales rose 20 percent year-on-year to 15,48,884 units during the September-ending quarter, compared with 12,94,120 units in the corresponding quarter last year.
Exports emerged as a major growth driver, with overseas shipments surging 41 percent to 7,78,528 units from 5,53,327 units a year earlier. Two-wheeler exports jumped 43 percent to 6,76,545 units, while commercial vehicle exports increased 26 percent to 1,01,983 units.