Bajaj Auto Q2 Results: Net Profit Rises 24%, Revenue In Line With Estimates
Bajaj Auto Ltd.’s net profit for the second quarter of fiscal year 2026 rose 23.7% year-on-year, according to an exchange filing on Friday. The company reported a standalone bottom-line of Rs 2,480 crore as against Rs 2,005 crore in the year-ago period. This is in line with the consensus estimate of Rs 2,439 crore, as projected by the analysts tracked by Bloomberg.
Revenue and Ebitda Growth
The automaker’s revenue from operations grew 13.7% to Rs 14,922 crore in the quarter under review from Rs 13,127 crore. This also met the estimate of Rs 14,629 crore. Earnings before interest, tax, depreciation and amortisation were up 15.1% at Rs 3,052 crore, as against Rs 2,652 crore; and margin expanded slightly to 20.5% from 20.2%.
The company’s revenue rose 13.7% to Rs 14,922 crore versus Rs 13,127 crore. Ebitda was up 15.1% at Rs 3,052 crore versus Rs 2,652 crore. Margin expanded slightly to 20.5% versus 20.2%. Net profit increased by 23.7% to Rs 2,480 crore versus Rs 2,005 crore.
Stock Performance
Bajaj Auto Ltd.’s stock ended in the green at Rs 8721.50 apiece on the NSE, compared to 0.11% decline in the Nifty index. The share price has fallen 0.88% year-to-date and 11.52% in the last 12 months.
Previous Quarter Performance
The Bajaj Group company broadly met Bloomberg estimates in terms of financials during the first quarter of the fiscal year as well, after it reported 5.4% in standalone net profit to Rs 2,096 crore, compared to Rs 1,988 crore in the corresponding period last year.
The leading domestic two-and-three-wheeler manufacturer’s topline or revenue from operations during the first quarter of current fiscal rose 5.5% to Rs 12,584 crore compared to Rs 11,928 crore in the year-ago period.
On the operational front, Bajaj Auto’s earnings before interest, tax, depreciation and amortisation for the quarter stood at Rs 2,481 crore, while margins narrowed by 60 basis points to 19.7% from 20.3% last year’s June quarter.
Investor Takeaway
The Q2 results of Bajaj Auto have been encouraging, with a significant increase in net profit and revenue. The company’s Ebitda margin has also expanded, indicating a strong operational performance. However, the stock price has been under pressure in the recent past, and investors should carefully evaluate the company’s fundamentals before making any investment decisions.
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