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saurabh mittal

8th Nov · SEBI-Registered Analyst

Bajaj Auto Ltd reported a strong Q2 FY26 with consolidated net profit soaring 53% year-on-year to ₹2,122 crore

BAJAJ-AUTO
reported a strong Q2 FY26 with consolidated net profit soaring 53% year-on-year to ₹2,122 crore, driven by robust export sales despite sluggish domestic demand. Revenue from operations rose 14% to ₹15,735 crore, propelled by a richer mix of vehicles and record spares sales. Domestic sales volume declined 5%, but export volumes surged 24%, supported by widespread demand across global markets. The company is optimistic about its CNG-powered Freedom 125 motorcycle, which, despite a 65% sales decline in October, will continue production as part of long-term innovation efforts. Bajaj Auto is also working on electrifying popular models like the Pulsar and Boxer, aiming to address rare earth magnet supply issues through alternative technologies. Electric scooter Chetak has regained leadership in its category following supply constraints earlier in the year. The company's strategic moves include evaluating shifting some KTM manufacturing to India to optimize costs, as it is expected to gain majority control of Austrian motorcycle brand KTM by mid-November.

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