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Bajaj Auto Q2 results: Standalone profit rises 35% to ₹3,354 crore
Sentiment: NeutralHigh Priority
What Happened?
Bajaj Auto reported a 35% increase in standalone profit to ₹3,354 crore for Q2 FY27, compared to ₹2,480 crore in the same quarter last year. Revenue rose 34% to ₹20,003 crore.
Key points
- Standalone profit after tax for Q2 FY27 is ₹3,354 crore.
- Revenue from operations increased to ₹20,003 crore, up from ₹14,922 crore.
- EBITDA rose 37% to ₹4,172 crore in Q2 FY27.
- EBITDA margin improved to 20.9% from 20.5% year-on-year.
- Domestic business saw a 30% year-on-year revenue growth.
- Electric vehicle sales reached around 200,000 units, up from 82,000 units last year.
Key insights
- Bajaj Auto's growth in electric vehicle sales may position it favorably in the expanding EV market.
- The increase in EBITDA margin suggests effective cost management despite inflationary pressures.
- Strong domestic and export performance could enhance Bajaj Auto's competitive edge.
Why it matters
The results indicate strong financial performance, which could influence investor confidence and market perception.
Entities
Bajaj Auto· Company
Source
Business Standard
