Bajaj Auto’s latest quarter shows a big jump in profit, even though its two‑wheeler sales only nudged higher.
Key Sales Highlights
- Total vehicle sales rose 14% to 369,000 units year‑on‑year.
- Domestic two‑wheeler sales increased 3% to 132,000 units in December.
- Two‑wheeler exports surged 24% to 178,000 units.
- Commercial‑vehicle sales grew 17% overall, with three‑wheelers up 9% domestically and 32% abroad.
- Q2 domestic two‑wheeler sales fell 6% YoY but were 13% higher than the previous quarter.
Profit and Revenue Growth
- Consolidated net profit jumped 53% YoY to Rs 2,122 crore.
- Revenue from operations reached a record Rs 15,735 crore, up 19% from the same quarter last year.
- Export revenue grew 35% YoY, with 553,327 vehicles shipped in Q2 – a 24% increase.
What It Means for Investors
The strong profit boost shows that higher‑margin products and a surge in overseas sales are offsetting the modest rise in domestic two‑wheeler demand. Investors may see continued upside potential if export momentum holds and the company keeps improving its product mix.
Disclaimer
Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment decisions.