Bajaj Auto Q2: revenue tops Rs 20,000 crore, profit rises 35%
By Siddharth VermaBusiness Correspondent, Peepals Bharat
Representative image: DawidC / Pixabay
Bajaj Auto's July-September 2026 revenue crossed Rs 20,000 crore for the first time and standalone profit rose 35% to Rs 3,354 crore, results showed on Oct 27.
What Happened
Bajaj Auto, the maker of motorcycles, three-wheelers and electric scooters, reported a 35% rise in standalone net profit to Rs 3,354 crore for the July-September 2026 quarter, on revenue that crossed Rs 20,000 crore in a quarter for the first time. The company announced the results for the second quarter of the 2026-27 financial year (Q2 FY27) on Tuesday, October 27, 2026. Export volumes grew by more than 40% and electric vehicles made up about a third of domestic revenue, according to reports of the results.
Key Facts
- Standalone revenue from operations: Rs 20,003 crore, up 34% from Rs 14,922 crore a year earlier.
- Standalone net profit: Rs 3,354 crore, up about 35%.
- EBITDA (earnings before interest, tax, depreciation and amortisation): Rs 4,171 crore, up 37% from Rs 3,052 crore.
- Consolidated net profit, which includes subsidiaries: Rs 3,436 crore, up about 62% from Rs 2,122 crore; consolidated revenue about Rs 25,126 crore.
- Total vehicle volumes: about 1.55 million, up roughly 20%.
- Exports: up by more than 40% year on year, according to reports (figures differ slightly between reports).
- Electric vehicles: close to 2,00,000 units, about one-third of domestic revenue.
- First half of FY27 (April-September): standalone revenue Rs 37,247 crore (up 35%) and standalone net profit Rs 6,337 crore (up 38%).
Why It Matters
Bajaj Auto is one of India's largest two-wheeler makers and sells a large share of its vehicles abroad. Its results are a useful reading of two parts of the economy at once: demand from Indian households for bikes and scooters, and demand from overseas markets that buy Indian-made vehicles.
This quarter both moved in the right direction for the company. Revenue crossing Rs 20,000 crore in a single quarter is a milestone, and profit grew faster than revenue, which means the company kept more of each rupee it earned. Exports grew by more than 40%, according to reports. That matters beyond the company: vehicle exports bring foreign exchange into India and support jobs at the company's factories and at the many small suppliers that make parts for them.
The electric numbers are notable too. Electric vehicles came close to 2,00,000 units and about a third of domestic revenue. That shows how quickly established manufacturers are taking share in a market that was led until recently by newer, EV-only companies. The standalone and consolidated profit growth figures differ because the consolidated number includes subsidiaries; they should not be compared directly.
| Measure (Q2 FY27, standalone) | Jul-Sep 2026 | Jul-Sep 2025 | Change |
|---|---|---|---|
| Revenue from operations | Rs 20,003 crore | Rs 14,922 crore | +34% |
| EBITDA | Rs 4,171 crore | Rs 3,052 crore | +37% |
| Net profit | Rs 3,354 crore | Not stated in reports | About +35% |
What it means for readers: the results point to healthy demand for two- and three-wheelers in the festive season and abroad. They are not a recommendation to buy or sell the company's shares.
Impact
Short-term: Strong export and EV growth give Bajaj Auto momentum into the second half of the year, which includes the festive and wedding seasons.
Long-term: If export growth holds, Indian two-wheeler makers could deepen their role as suppliers to developing markets, supporting manufacturing jobs and parts makers at home.
Who is affected: Bajaj Auto's employees, dealers and component suppliers, buyers of motorcycles and electric scooters in India and abroad, and investors following the auto sector.
Key Takeaway
Bajaj Auto's quarterly revenue crossed Rs 20,000 crore for the first time in July-September 2026, with standalone profit up 35% to Rs 3,354 crore on strong exports and electric vehicle sales.
Questions and Answers
What were Bajaj Auto's Q2 FY27 results?
For July-September 2026, Bajaj Auto reported standalone revenue of Rs 20,003 crore, up 34%, and net profit of Rs 3,354 crore, up about 35%. Consolidated net profit rose about 62% to Rs 3,436 crore. The results were announced on October 27, 2026.
Why is Bajaj Auto's consolidated profit growth higher than its standalone growth?
Consolidated results include the company's subsidiaries, while standalone results cover only Bajaj Auto itself. The two figures are measured on different bases, so the 62% and 35% growth rates should not be compared directly.
How did Bajaj Auto's exports perform?
Exports grew by more than 40% year on year in the quarter, according to reports of the results, though the exact unit figures differ slightly between reports.
How important are electric vehicles for Bajaj Auto now?
Electric vehicles came close to 2,00,000 units in the quarter and made up about one-third of the company's domestic revenue, according to reports of the results.
Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.
By Siddharth Verma, Business CorrespondentCovers Business and more for Peepals Bharat. All stories by Siddharth Verma
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Siddharth Verma is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.
