Bajaj Auto Q2 results: Net profit rises 24% to Rs 2,480 crore on higher exports

Bajaj Auto Q2 Results

Bajaj Auto Ltd on November 7 reported 24% increase in standalone net profit at Rs 2,480 crore for the quarter ended September 30, 2025, boosted by higher exports of its motorcycles amid sluggish domestic demand. It reported net profit of Rs 2,005 crore in Q2FY25.

The Pulsar motorcycle-maker reported 14% jump in standalone revenue from operations at Rs 14,922 crore, "propelled by a richer mix of vehicles and best ever spares sales". Its revenue from operations was Rs 13,127 crore in the year-ago period.

Bajaj Auto released its results in the post market hours of Friday. Earlier during the day, the stock closed with marginal losses at Rs 8,717 apiece. The stock will be kept under active watch when the market reopens on November 10 (Monday).

Overall two-wheeler exports from the country jumped 25% year-over-year in the quarter ending September, while Bajaj's exports rose 19.2%.

"While the quarter was supply disrupted, Chetak regained leadership in October, reinforcing its position as the preferred EV scooter. While navigating an erratic supply situation which was at 50% of the quarter plan, particularly exacerbated in July-August, Chetak restored its market position decisively in September, as the swift alternate measures bore fruition in unlocking availability of magnets," said Bajaj Auto in a stock exchange filing.

Balance sheet remains healthy with surplus funds at Rs 14,244 crore, after distributing Rs 5,864 crores to shareholders as dividend and infusing more than Rs 2,000 crores into subsidiaries (to fund partly the KTM Austria transaction, ramp up of Bajaj Auto Credit's business), the company added.

EBITDA surpassed the Rs 3,000 crore milestone for the first time, with margin rising to 20.5%.

"Margin expanded+ 70 bps QoQ, as favourable currency realisation and operating leverage more than offset the net cost inflation, stepped up spends to drive brand preference/ salience in a competitive marketplace and R&D investments on future proofing the portfolio," said Bajaj Auto.

The company's overall sales, which includes two- and three-wheelers, grew 5.9%.

A little over 40% of Bajaj's sales volumes come from exports.

Domestic motorcycle sales fell 4.6% for the company, but by less than the 8% drop in the previous quarter.