Conference Call with Bajaj Auto Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
2/3 Wheelers company Bajaj Auto announced Q1FY27 results Consolidated Financial Highlights: Total Revenue from Operations for Q1FY27 was Rs 21,688.83 crore, representing a growth of 65.14% YoY from Rs 13,133.35 crore in Q1FY26 and a growth of 21.62% QoQ from Rs 17,832.46 crore in Q4FY26. (Note: Q1FY27 figures include results from BAIHAG Group and are not strictly comparable with previous periods). Total Income in Q1FY27 stood at Rs 22,376.69 crore, up 64.02% YoY compared to Rs 13,642.33 crore in Q1FY26 and up 21.00% QoQ from Rs 18,493.86 crore in Q4FY26. Profit before tax for Q1FY27 reached Rs 4,423.41 crore, reflecting a YoY increase of 49.41% from Rs 2,960.65 crore in Q1FY26 and a QoQ increase of 2.01% from Rs 4,336.06 crore in Q4FY26. Profit for the period (PAT) in Q1FY27 was Rs 3,225.63 crore, an increase of 45.93% YoY from Rs 2,210.44 crore in Q1FY26, while showing a decline of 11.91% QoQ from Rs 3,661.92 crore in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 115.5, compared to Rs 79.2 in Q1FY26 and Rs 131.1 in Q4FY26. Standalone Financial Highlights: Total Revenue from Operations for Q1FY27 hit an all-time high of Rs 17,243.72 crore, growing 37.02% YoY from Rs 12,584.45 crore in Q1FY26 and 7.74% QoQ from Rs 16,005.65 crore in Q4FY26. Total Income in Q1FY27 was Rs 17,755.55 crore, a YoY increase of 36.42% from Rs 13,015.21 crore in Q1FY26 and an 8.09% QoQ increase from Rs 16,426.66 crore in Q4FY26. Profit before tax for Q1FY27 reached Rs 3,984.78 crore, up 42.95% YoY from Rs 2,787.52 crore in Q1FY26 and up 8.80% QoQ from Rs 3,662.66 crore in Q4FY26. Profit for the period (PAT) in Q1FY27 was Rs 2,982.84 crore, marking a growth of 42.31% YoY from Rs 2,095.98 crore in Q1FY26 and 8.62% QoQ from Rs 2,746.13 crore in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 106.8, compared to Rs 75.1 in Q1FY26 and Rs 98.3 in Q4FY26. Business Highlights: The company recorded its highest-ever quarterly sales volume of 14,38,251 units in Q1FY27, reflecting a YoY growth of 29.43% and a QoQ growth of 4.90%. Export volumes achieved a milestone by surpassing the 700K mark for the first time, reaching 7,32,173 units in Q1FY27, up 53.68% YoY. Domestic volumes reached 7,06,078 units in Q1FY27, an 11.23% increase YoY, driven by double-digit growth across both two-wheeler and commercial vehicle segments. Electric Vehicle (EV) business scaled significantly, now contributing approximately 30% of domestic business, with revenues at nearly twice the level of Q1FY26. EBITDA for Q1FY27 reached a record high of Rs 3,596 crore with a margin of 20.9%, which is up 110 bps YoY and 10 bps QoQ. The company added over Rs 2,300 crore of Free Cash Flow during the quarter and maintained a robust balance sheet with surplus funds of over Rs 21,000 crore as of June 30, 2026. Segment-wise Performance: Automotive segment revenue in Q1FY27 was Rs 20,799.55 crore, compared to Rs 12,632.15 crore in Q1FY26. Investments segment revenue in Q1FY27 was Rs 465.19 crore, compared to Rs 407.88 crore in Q1FY26. Financing segment revenue in Q1FY27 was Rs 1,111.95 crore, compared to Rs 602.30 crore in Q1FY26. Result PDF