Bajaj Auto Limited (BAJAJ-AUTO) — Financial Results | 27 July 2026

Bajaj Auto reported consolidated revenue of INR21,689 crores (+65% YoY) and PAT of INR3,226 crores (+46% YoY) for Q2 FY27, driven by strong domestic motorcycle demand, export growth, and EV momentum. Capacity expansion to 9 million units/year is underway, with EV two-wheelers targeting 60,000 units and three-wheelers scaling to 9M+ units. Premium segments (150cc+) grew 20%+ while 100-125cc growth slowed to low single-digits. The company plans 10 product upgrades and 2 new models by September, targeting 125cc+ segment expansion and brand diversification. Cash reserves stood at INR21,000 crores, with INR10,000 crores allocated for shareholder payouts. EV profitability is improving, with Chetak EBITDA positive and targeting 50% scooter market penetration. Export growth remains robust at 2x industry rate, supported by KTM-Triumph collaboration and 210+ stores.