Bajaj Auto reported standalone revenue from operations of ₹20,003.43 crore in Q2 FY27, up 34.1% year on year (YoY). Standalone profit after tax (PAT) rose 35.3% to ₹3,353.76 crore, while exports grew about 40% YoY. The quarter ended on 30 September 2026.
Bajaj Auto’s Q2 FY27 Earnings
| Financial Metric | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Standalone revenue from operations | ₹20,003.43 crore | ₹14,922.05 crore | +34.1% |
| Standalone EBITDA | ₹4,181 crore (approx.) | ₹3,051 crore | +37% |
| Standalone EBITDA margin | 20.9% | 20.4% | +50 basis points |
| Standalone profit before tax | ₹4,457.49 crore | — | +35% |
| Standalone PAT | ₹3,353.76 crore | ₹2,479 crore | +35.3% |
| Consolidated revenue from operations | ₹25,125.56 crore | — | +59% |
| Consolidated PAT attributable to owners | ₹3,436.10 crore | ₹2,122.03 crore | +61.9% |
Standalone revenue, EBITDA and PAT all reached record quarterly levels. The EBITDA margin expanded to 20.9%, supported by strong export demand, favourable currency movements and volume growth across vehicle segments.
Sales Volumes & Business Metrics
| Operating Metric | Q2 FY27 | Previous Year / Period |
|---|---|---|
| Exports | +40% YoY | Strong overseas demand |
| Chetak electric scooter revenue | Grew strongly | Expansion across electric segments |
| Standalone revenue | ₹20,003.43 crore | First quarter above ₹20,000 crore |
| EBITDA margin | 20.9% | 20.4% in Q2 FY26 |
Exports jumped around 40% YoY and were a major driver of revenue and profit growth. The company also reported momentum in electric mobility, with Chetak revenue expanding during the quarter.
Bajaj Auto’s performance was achieved despite supply constraints, inflation and logistics disruptions, which the company flagged as operating headwinds.
Bajaj Auto Share Price Reaction After Q2 FY27 Results
| Results Metric | Value |
|---|---|
| Results announcement date | 27 October 2026 |
| Market reaction | Results announced after the stock ended the trading session higher |
| Standalone PAT | ₹3,353.76 crore |
| PAT growth YoY | +35.3% |
| Revenue growth YoY | +34.1% |
The results were announced on 27 October after market hours, with the stock having ended the session higher. The strong profit beat was driven by healthy export demand and currency gains.
Bajaj Auto vs Other Auto Stocks
| Company | Revenue (Q2 FY27) | Revenue Growth YoY | PAT (Q2 FY27) | PAT Growth YoY |
|---|---|---|---|---|
| Bajaj Auto | ₹20,003.43 crore (standalone) | +34.1% | ₹3,353.76 crore (standalone) | +35.3% |
| Maruti Suzuki India | ₹ 42,344.20 crore | +26% | ₹2,415 crore | -26.9% |
| Hero MotoCorp | Results awaited | — | Results awaited | — |
| TVS Motor Company | Results awaited | — | Results awaited | — |
| Eicher Motors | Results awaited | — | Results awaited | — |
Bajaj Auto’s 34.1% standalone revenue growth was stronger than Maruti Suzuki’s 26% consolidated revenue growth. However, Maruti Suzuki reported a 26.9% decline in consolidated PAT, while Bajaj Auto’s standalone PAT rose 35.3%.
Bajaj Auto’s Quarterly Financial Performance
| Quarter | Standalone Revenue | Standalone PAT | Key Highlight |
|---|---|---|---|
| Q2 FY27 | ₹20,003.43 crore | ₹3,353.76 crore | Record revenue, EBITDA and PAT; exports +40% YoY |
| Q2 FY26 | ₹14,922.05 crore | ₹2,479 crore | EBITDA margin 20.4% |
| Q1 FY27 | — | — | Results released earlier in FY27 |
The quarterly comparison highlights a sharp acceleration in revenue and profitability in Q2 FY27. Record exports, favourable currency movements and electric-segment momentum were the principal drivers.
Key Takeaways from Bajaj Auto Q2 FY27 Results
- Standalone revenue: ₹20,003.43 crore, up 34.1% YoY and above ₹20,000 crore for the first time
- Standalone PAT: ₹3,353.76 crore, up 35.3% YoY
- Standalone EBITDA margin: 20.9%, up from 20.4% YoY.
- Exports: Up about 40% YoY.
- Consolidated revenue: ₹25,125.56 crore, up 59% YoY.
- Consolidated PAT attributable to owners: ₹3,436.10 crore, up 61.9% YoY
- Key metrics to track: Export demand, currency movements, commodity costs, supply-chain constraints, domestic two- and three-wheeler volumes and Chetak electric-vehicle ramp-up.
Disclaimer
Disclaimer: The information provided above is for informational and educational purposes only and should not be construed as investment advice, a recommendation to buy or sell Bajaj Auto shares, or a guarantee of future performance. The financial results, operational metrics, share price data and industry comparisons are based on information available as of October 2026 and may be subject to revisions or updates. Investors should refer to official company disclosures and BSE/NSE filings for the latest information.
