Conference Call with Bajaj Auto Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
2/3 Wheelers company Bajaj Auto announced Q2FY26 results Financial Highlights: Revenue from operations set a new Company best at ~Rs 15,000 crore, propelled by a richer mix of vehicles and best ever spares sales EBITDA surpassed the Rs 3,000 crore milestone for the first time, with margin stepping up to 20.5%. PBT stood at Rs 3,295 crore in Q2FY26 compared to Rs 2,925 in Q2FY25 PAT stood at Rs 2,480 crore in Q2FY26 compared to Rs 2,005 crore in Q2FY25 Business Highlights: Domestic business delivered record revenue, as stepped up growth on premium bikes and double digit growth on CVs led the way Exports set the pace with a standout performance as it accelerated momentum (revenue +35% YoY) across regions and 2Ws/3Ws Domestic Motorcycles saw sequential volume-led double digit revenue growth, driven by the sport segment particularly at the top end KTM + Triumph duo powered their biggest ever quarter with domestic retail sales+ exports billing of >60,000 bikes, up ~70% YoY Commercial Vehicles scaled a new pinnacle on volumes and revenue, led by the strong show on both ICE and electric fronts While the quarter was supply disrupted, Chetak regained leadership in October, reinforcing its position as the preferred EV scooter Continued emphasis on cash generation drove ~Rs 4,500 crores of free cash flow in H1FY26, a conversion of nearly 100% of PAT Result PDF