Bajaj Auto Q1 results 2026 Highlights: Consolidated net profit jumps 46% to ₹3,226 crore, revenue hits record high

Bajaj Auto stock ended 0.9% lower at ₹10419.50 per share on BSE.

The KTM and Triumph brands continued their strong growth trajectory, with domestic revenue rising 60% year-on-year in the June quarter. Bajaj Auto attributed the performance to strong demand for the 350cc motorcycle range across both brands and the launch of the new Triumph Tracker 400, featuring a race-inspired flat-track design. The company also expanded its KTM-Triumph dealership network to more than 90 towns, strengthening its premium motorcycle presence across India.

Bajaj Auto's domestic motorcycle business posted double-digit revenue growth during the quarter, led by strong demand for sports motorcycles. Retail sales in the sports segment grew around 1.5 times faster than the rest of the industry.

The company said Pulsar, Avenger and Dominar each recorded double-digit year-on-year growth, while the sports motorcycle segment expanded by around 50%. Product interventions across the Pulsar portfolio helped the company gain market share, and upcoming upgrades across the 125cc-160cc range are expected to further strengthen its competitive positioning.

Bajaj Auto's domestic business continued to post double-digit growth, with revenue rising 26% year-on-year. Growth was driven by both two-wheelers and three-wheelers across ICE and EV powertrains.

The company said its ICE portfolio maintained strong momentum, while electric vehicle revenue nearly doubled from the year-ago period. EVs now contribute around 30% of the company's domestic business, although tight manufacturing capacity and supply constraints prevented the business from achieving its full potential.

The Pune-based automaker also posted record operating and bottom-line performance during the quarter. Earnings before interest, taxes, depreciation and amortisation (EBITDA) crossed ₹3,500 crore for the first time, while profit after tax exceeded ₹3,000 crore, with both growing more than 40% year-on-year.

EBITDA margin improved to 20.9%, up 10 basis points sequentially and 110 basis points from a year ago. Bajaj Auto attributed the margin expansion to favourable USD-INR realisations, an improved product mix, operating leverage and disciplined pricing and cost management, which more than offset the impact of sharply higher input costs.

Bajaj Auto reported its highest-ever quarterly revenue from operations at ₹17,244 crore in the June quarter, up 37% year-on-year. The company attributed the growth to record sales volumes and improved realisations, with double-digit growth across domestic and export markets, ICE and EV portfolios, and both two- and three-wheeler segments despite a challenging global environment.

Bajaj Auto reported a 29% year-on-year increase in total sales volumes to 1,438,251 units in the June quarter, up from 1,111,237 units a year earlier. Domestic sales grew 11%, while exports surged 54%, helping the company deliver double-digit growth across key business segments. Bajaj Auto said the broad-based performance reflected the resilience and diversification of its business model despite a challenging external environment.

Bajaj Auto's exports emerged as the biggest highlight of the June quarter, delivering their strongest-ever quarterly performance. Export volumes crossed the 700,000-unit mark for the first time, driving record revenue despite logistical disruptions and geopolitical challenges in the Middle East and North Africa (MENA) region. The company also reported continued market share gains across key international markets, with standout growth in Latin America, a sharp rebound in Africa and around 70% year-on-year growth in commercial vehicle exports.

At the operational level, earnings before interest, tax, depreciation and amortization (EBITDA) in the June quarter rose 45% to ₹3,595.6 crore from ₹2,482 crore.

EBITDA margin improved to 21% from 19.7%, YoY, as favourable USD/INR realization, improved mix, operating lovomgo and dynamic P&L management, more than offset the significantly adverse impact arising from hyper-inflating input costs.

Bajaj Auto Ltd on Tuesday reported a 42.31% year-on-year increase in standalone net profit to ₹2,983 crore for the June quarter (Q1 FY27), compared with ₹2,096 crore in the corresponding period last year.

Revenue from operations rose 37.02% year-on-year to ₹17,244 crore during the quarter, up from ₹12,584 crore a year ago, according to the company's exchange filing.

At 12:55 PM, Bajaj Auto share price was trading 0.08% higher at ₹10,527.00 apiece on the BSE.

Bajaj Auto delivered a strong set of earnings for the June quarter (Q1 FY27), aided by healthy demand for motorcycles and three-wheelers. The company's consolidated net profit rose 46% year-on-year to ₹3,226 crore, while revenue from operations increased 65% to ₹21,689 crore.

Despite expectations of robust earnings growth, Bajaj Auto could witness some pressure on operating margins in the June quarter. Motilal Oswal expects EBITDA margin to contract by 60 basis points sequentially to 20.2%, even as profit is projected to rise 31.5% year-on-year. The brokerage attributed the margin pressure to an unfavourable product mix, noting that the domestic three-wheeler mix declined to 8.3%, while the Pulsar mix fell 260 basis points quarter-on-quarter to 24.8%. However, strong export momentum and favourable currency movements are expected to cushion the impact of higher raw material costs, supporting overall profitability.

Bajaj Auto is expected to post another healthy quarter, with exports likely to remain the biggest growth driver. According to Motilal Oswal, the company is estimated to report around 29% year-on-year volume growth, largely supported by a sharp 54% jump in exports.

The brokerage also pointed out that the export mix improved to 51% in the June quarter from 44.8% in the previous quarter, reflecting stronger overseas demand. While the company is likely to benefit from favourable currency movements, rising raw material costs could partially offset the gains. Even so, strong volume growth is expected to help Bajaj Auto maintain a healthy earnings trajectory during the quarter.

Bajaj Auto shares have delivered strong returns over the past year, outperforming the broader market ahead of the company's Q1 FY27 earnings announcement.

The stock has gained 2.48% over the last five trading sessions and is up 3.14% over the past month. Over the last six months, it has advanced 14.23%.

On a year-to-date basis, Bajaj Auto shares have risen 11.61%, while the stock has gained 25.86% over the past one year.

The stock touched a 52-week high of ₹10,834 on the NSE on May 27, 2026, and a 52-week low of ₹7,858.50 on August 7, 2025.

Bajaj Auto reported a strong performance in the March quarter of FY26, supported by healthy domestic demand, improving export volumes and robust operating margins, setting a high base ahead of its June-quarter earnings.

The company posted a 34% year-on-year rise in standalone net profit to ₹2,746 crore for Q4 FY26, compared with ₹2,049 crore in the corresponding quarter last year. Revenue from operations increased 31.8% year-on-year to ₹16,006 crore.

At the operating level, EBITDA (earnings before interest, taxes, depreciation and amortisation) grew 36% year-on-year to ₹3,323 crore from ₹2,450.59 crore reported in the year-ago period.

The company said the trading window for dealing in its securities will remain closed from Wednesday, July 1, 2026, until Thursday, July 23, 2026 (both days inclusive) for designated persons and their immediate relatives. The restriction is in accordance with the company's Code of Conduct formulated under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Following the announcement of its June quarter results, Bajaj Auto will host an earnings conference call with analysts and institutional investors on Tuesday, July 21, 2026, at 6 pm. The management is expected to discuss the company's Q1 FY27 performance and provide updates on the business outlook.

Conference dial-in numbers:

Universal Access:

+91 22 6280 1510 / +91 22 7115 8880

International Toll-Free Numbers:

Hong Kong: +800964448

Singapore: +8001012045

UK: +08081011573

USA: +18667462133