Bajaj Auto's Q2 standalone profit rises 35% to ₹3,354 crore; revenue tops ₹20,000 crore

What happened

• Bajaj Auto reported standalone net profit of ₹3,354 crore for the September 2026 quarter against ₹2,480 crore a year earlier, up 35%, Free Press Journal reported; Upstox gave ₹3,353 crore. Revenue from operations rose 34% to ₹20,003 crore from ₹14,922 crore, the first quarter above ₹20,000 crore, Free Press Journal said; Upstox gave ₹20,008 crore.
• Free Press Journal put EBITDA at ₹4,172 crore against ₹3,052 crore, up 37%, with the margin at 20.9% against 20.5%; Upstox gave ₹4,175 crore and 20.8%. Total vehicle sales rose 20% to 15,48,884, with domestic sales up 16% and exports up 41%, Free Press Journal said. It added that 20 analysts surveyed by Informist had expected revenue of ₹19,085 crore and profit of ₹3,178 crore.
• Upstox also gave consolidated figures: net profit of ₹3,384 crore against ₹2,122 crore, up 59%, revenue of ₹25,125 crore against ₹15,734 crore, up 60%, and an EBITDA margin of 19.7% against 22.2%. No second outlet checked gave consolidated numbers.
• The shares closed at ₹10,390 against ₹10,071 on Monday on Kite data, a rise of 3.17% by my calculation, and the close was the day's high. Upstox's report is timed at 4:23 PM, after the close.

Why it matters

Good to know: Standalone results cover Bajaj Auto Ltd alone; consolidated results add its subsidiaries and associates. That is why Upstox's consolidated revenue of ₹25,125 crore is well above the standalone ₹20,003 crore.

Key facts

Standalone net profit

₹3,354 crore (₹2,480 crore a year earlier), up 35%, per Free Press Journal

Standalone revenue

₹20,003 crore (₹14,922 crore), up 34%

Standalone EBITDA, per Free Press Journal

₹4,172 crore (₹3,052 crore); margin 20.9% (20.5%)

Vehicle sales, per Free Press Journal

15,48,884, up 20%; exports up 41%

Consolidated profit / revenue, per Upstox

₹3,384 crore, up 59% / ₹25,125 crore, up 60%

Read the source

• Bajaj Auto Q2 Results, Net Profit Jumps 35% To ₹3,354 Crore As Revenue Beats Street EstimatesFree Press Journal
• Bajaj Auto Q2 results: Consolidated net profit rises 59% YoY; revenue jumps 60% YoY to ₹25,125 croreUpstox

Bajaj Auto in the news before

1. 5 OCT 2026 · EVENING · BUSINESS UPDATESBajaj Auto's September sales rise 5%, domestic volumes fall 9%; shares close 7.62% lower