Technology
Bajaj Auto Q2 profit rises 62% to ₹3,436 crore
Business Standard·
Bajaj Auto reported consolidated net profit of Rs 3,436.1 crore in Q2 FY27, up 62 percent from Rs 2,122.03 crore a year earlier. Revenue rose 59 percent to Rs 25,125.56 crore on 41 percent export growth and higher EV volumes. Sales reached 1.54 million units with exports at 778,528. Joint MD Rakesh Sharma said EV sales are margin-accretive.
Prism
What It Means For You
- Standalone profit rose 35 percent to Rs 3,353.76 crore while standalone revenue crossed Rs 20,000 crore.
- Chetak quarterly revenue crossed Rs 2,000 crore as EVs reached about one-third of domestic revenue.
- Management raised prices ahead of competitors, sacrificing some 100cc volume for profitability.
What's Happening
- Africa nearly doubled export billing versus the base quarter, Business Standard reported.
- Latin America registered record sales in the export-led quarter.
- KTM and Triumph domestic revenue rose 45 percent with combined volumes above 40,000 units.
KTM Consolidation Effect
- Overseas KTM consolidation contributed to reported growth, limiting year-on-year comparability.
- Standalone EBITDA margin improved to 20.9 percent from 20.5 percent despite commodity costs.
- The company generated about Rs 4,000 crore free cash flow and held roughly Rs 15,500 crore surplus funds.
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