Overview
- Consolidated profit after tax rose to Rs 2,122 crore for Q2 FY26 on revenue of about Rs 15,735 crore, with total sales at 1,294,120 units.
- EBITDA crossed Rs 3,000 crore for the first time and margin improved to 20.5% on a richer product mix and record spares revenue.
- Exports surged and offset domestic softness, with export volumes up 24% and export revenue up about 35% year on year as Africa, Asia and Latin America recovered.
- EV output was constrained for most of the quarter—about 50% at Chetak and 15% in electric three-wheelers—but supply improved by late September, Chetak regained segment leadership in October and the EV business reached double‑digit profitability.
- Bajaj Housing Finance reported Q2 profit of Rs 643 crore, up 18% year on year, with net interest income up 34% and assets under management up 24%.