Overview
- Bajaj Auto reported consolidated PAT of Rs 2,122 crore for Q2 FY26, up 53% year-on-year, with revenue from operations rising to about Rs 15,735 crore.
- Total sales reached 12,94,120 units, as export volumes rose 24% and offset a roughly 5% decline in domestic motorcycles, delivering record quarterly export revenue and broad-based growth across Africa, Asia and Latin America.
- EV supply constraints weighed on much of the quarter but eased by late September after a shift to low rare-earth magnets, and management said the electric business has moved to double-digit profitability with Chetak regaining segment leadership in October.
- Standalone performance improved with EBITDA crossing Rs 3,000 crore for the first time and margins at 20.5%, while KTM and Triumph logged their best-ever quarter and commercial vehicles set records for volumes and revenue.
- Bajaj Housing Finance posted Q2 FY26 PAT of Rs 643 crore, up 18% year-on-year, as net interest income grew 34% to Rs 956 crore and assets under management expanded about 24% to Rs 1,26,749 crore.