| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 25,126 | 15,735 | +59.7% |
| EBITDA | 4,896 | 3,463 | +41.4% |
| EBITDA margin | 19.5% | 22.0% | −2.5 pts |
| Profit before tax | 4,569 | 3,633 | +25.8% |
| Net profit | 3,384 | 2,122 | +59.5% |
| EPS | ₹124.60 | ₹76.00 | +63.9% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 25,126 | 21,689 | 17,832 | 16,204 | 15,735 | 13,133 | 12,646 | 13,169 | 13,247 | 11,932 | 11,555 | 12,165 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 551 | 688 | 661 | 436 | 576 | 509 | 392 | 348 | 399 | 335 | 360 | 356 | ||
| 25,677 | 22,377 | 18,494 | 16,640 | 16,311 | 13,642 | 13,039 | 13,516 | 13,647 | 12,267 | 11,915 | 12,522 | ||
Expenses | |||||||||||||
| 15,783 | 13,261 | 11,008 | 9,926 | 9,785 | 8,042 | 7,657 | 8,509 | 8,611 | 7,417 | 7,458 | 7,891 | ||
| 1,030 | 780 | 796 | 863 | 899 | 697 | 809 | 722 | 803 | 702 | 728 | 693 | ||
| 185 | −25.3 | 547 | −67.3 | −160 | 74.9 | 35.0 | −70.6 | −111 | 175 | −69.3 | 70.3 | ||
| 1,374 | 1,387 | 898 | 516 | 527 | 520 | 475 | 484 | 475 | 492 | 421 | 404 | ||
| 469 | 387 | 344 | 314 | 287 | 224 | 147 | 120 | 75.2 | 47.0 | 29.6 | 12.1 | ||
| 409 | 405 | 289 | 119 | 119 | 118 | 119 | 102 | 98.3 | 95.0 | 92.8 | 92.9 | ||
| 1,858 | 1,755 | 1,509 | 1,236 | 1,220 | 1,007 | 978 | 774 | 816 | 775 | 733 | 692 | ||
| 21,107 | 17,950 | 15,391 | 12,908 | 12,677 | 10,682 | 10,219 | 10,640 | 10,767 | 9,704 | 9,393 | 9,855 | ||
| 4,896 | 4,531 | 3,075 | 3,730 | 3,463 | 2,793 | 2,693 | 2,751 | 2,654 | 2,370 | 2,284 | 2,415 | ||
| 4,487 | 4,126 | 2,786 | 3,610 | 3,344 | 2,675 | 2,574 | 2,649 | 2,555 | 2,275 | 2,191 | 2,322 | ||
Profit | |||||||||||||
| 4,569 | 4,427 | 3,103 | 3,733 | 3,633 | 2,961 | 2,819 | 2,876 | 2,879 | 2,564 | 2,522 | 2,666 | ||
| 0.0 | 0.0 | 37.5 | −76.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 4,569 | 4,427 | 3,141 | 3,656 | 3,633 | 2,961 | 2,819 | 2,876 | 2,879 | 2,564 | 2,522 | 2,666 | ||
| 1,256 | 1,152 | 1,004 | 943 | 956 | 728 | 639 | 674 | 669 | 642 | 575 | 614 | ||
| −30.4 | 82.6 | −160 | −36.9 | −79.4 | 21.9 | 43.8 | 6.7 | 244 | −19.9 | 18.8 | 19.3 | ||
| 1,225 | 1,235 | 844 | 906 | 877 | 750 | 682 | 681 | 914 | 622 | 594 | 634 | ||
| 40.5 | −3.4 | 1,195 | 0.0 | −634 | 0.0 | −335 | 0.0 | −580 | 0.0 | 83.9 | 0.0 | ||
| 3,384 | 3,189 | 3,492 | 2,750 | 2,122 | 2,210 | 1,802 | 2,196 | 1,385 | 1,942 | 2,011 | 2,033 | ||
| 3,344 | 3,192 | 2,297 | 2,750 | 2,757 | 2,210 | 2,137 | 2,196 | 1,966 | 1,942 | 1,927 | 2,033 | ||
| 86.9 | 802 | −1,624 | −194 | −566 | 1,022 | 329 | 162 | 787 | 36.9 | 78.8 | 406 | ||
| 3,471 | 3,991 | 1,868 | 2,556 | 1,556 | 3,232 | 2,131 | 2,358 | 2,172 | 1,979 | 2,090 | 2,439 | ||
| 3,436 | 3,226 | 3,662 | 2,750 | 2,122 | 2,210 | 1,802 | 2,196 | 1,385 | 1,942 | 2,011 | 2,033 | ||
| −51.7 | −36.9 | −170 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
Per share | |||||||||||||
| ₹124.60 | ₹115.50 | ₹131.10 | ₹98.50 | ₹76.00 | ₹79.20 | ₹64.60 | ₹78.70 | ₹49.70 | ₹69.60 | ₹71.20 | ₹71.90 | ||
| ₹124.30 | ₹115.30 | ₹130.90 | ₹98.40 | ₹75.90 | ₹79.10 | ₹64.40 | ₹78.70 | ₹49.70 | ₹69.60 | ₹71.20 | ₹71.90 | ||
Other comprehensive income — detail | |||||||||||||
| 86.9 | 802 | −1,624 | −194 | −566 | 1,022 | 329 | — | — | — | — | — | ||
| 52.0 | 555 | −833 | −277 | −698 | 571 | 198 | 416 | 525 | 81.4 | 222 | 174 | ||
| 34.9 | 248 | −791 | 83.3 | 132 | 451 | 131 | −254 | 262 | −44.5 | −143 | 232 | ||
| 3,504 | 4,026 | 2,038 | 2,556 | 1,556 | 3,232 | 2,131 | 2,358 | 2,172 | 1,979 | 2,090 | 2,439 | ||
| −32.2 | −35.2 | −170 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
Per share — as-filed variants | |||||||||||||
| ₹124.60 | ₹115.50 | ₹131.10 | ₹98.50 | ₹76.00 | ₹79.20 | ₹64.60 | ₹78.70 | ₹49.70 | ₹69.60 | ₹71.20 | ₹71.90 | ||
| ₹124.30 | ₹115.30 | ₹130.90 | ₹98.40 | ₹75.90 | ₹79.10 | ₹64.40 | ₹78.70 | ₹49.70 | ₹69.60 | ₹71.20 | ₹71.90 | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 8,127 | 7,673 | 5,482 | 5,482 | 5,211 | 4,320 | 4,145 | 4,009 | 3,944 | 3,637 | 3,438 | 3,511 | ||
| 32.3% | 35.4% | 30.7% | 33.8% | 33.1% | 32.9% | 32.8% | 30.4% | 29.8% | 30.5% | 29.8% | 28.9% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 4,569 | 4,427 | 3,103 | 3,733 | 3,633 | 2,961 | 2,819 | 2,876 | 2,879 | 2,564 | 2,522 | 2,666 | ||
| 0.0 | 0.0 | 37.5 | −76.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 3,384 | 3,189 | 3,465 | 2,808 | 2,122 | 2,210 | 1,802 | 2,196 | 1,385 | 1,942 | 2,011 | 2,033 | ||
| ₹124.60 | ₹115.50 | ₹130.07 | ₹100.57 | ₹76.00 | ₹79.20 | ₹64.60 | ₹78.70 | ₹49.70 | ₹69.60 | ₹71.20 | ₹71.90 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 12,165.3 | 11,555.0 | 11,932.1 | 13,247.3 | 13,168.9 | 12,646.3 | 13,133.4 | 15,734.7 | 16,204.5 | 17,832.5 | 21,688.8 | 25,125.6 | |
| Other Income | 356.3 | 360.0 | 335.3 | 399.3 | 347.5 | 392.2 | 509.0 | 575.8 | 436.0 | 661.4 | 687.9 | 551.1 | |
| Total Income | 12,521.7 | 11,914.9 | 12,267.4 | 13,646.6 | 13,516.4 | 13,038.6 | 13,642.3 | 16,310.5 | 16,640.5 | 18,493.9 | 22,376.7 | 25,676.7 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 7,890.8 | 7,458.4 | 7,417.4 | 8,610.9 | 8,508.5 | 7,657.5 | 8,041.7 | 9,785.3 | 9,926.0 | 11,007.9 | 13,261.3 | 15,783.4 | |
| + Purchases of Stock-in-Trade | 693.4 | 728.0 | 702.1 | 803.4 | 722.2 | 808.7 | 696.6 | 898.5 | 863.4 | 796.1 | 779.7 | 1,030.2 | |
| + Changes in Inventories | 70.3 | -69.3 | 175.3 | -111.3 | -70.6 | 35.0 | 74.9 | -159.8 | -67.3 | 546.7 | -25.3 | 184.6 | |
| + Employee Benefit Expense | 404.2 | 420.6 | 491.8 | 474.9 | 484.4 | 474.7 | 520.2 | 527.5 | 516.2 | 897.6 | 1,387.1 | 1,373.5 | |
| + Finance Costs | 12.1 | 29.6 | 47.0 | 75.2 | 120.2 | 146.5 | 223.8 | 286.8 | 313.6 | 344.4 | 387.3 | 468.7 | |
| + Depreciation & Amortisation | 92.9 | 92.8 | 95.0 | 98.3 | 101.7 | 119.2 | 117.5 | 119.0 | 119.3 | 288.9 | 404.8 | 409.0 | |
| + Other Expenses | 691.8 | 733.0 | 774.9 | 815.8 | 773.5 | 977.6 | 1,007.1 | 1,220.2 | 1,236.4 | 1,509.0 | 1,754.8 | 1,857.9 | |
| Total Expenses | 9,855.4 | 9,393.1 | 9,703.6 | 10,767.2 | 10,640.0 | 10,219.1 | 10,681.7 | 12,677.4 | 12,907.6 | 15,390.5 | 17,949.9 | 21,107.4 | |
| EBITDA | 2,414.9 | 2,284.3 | 2,370.4 | 2,653.5 | 2,750.8 | 2,692.9 | 2,792.9 | 3,463.2 | 3,729.8 | 3,075.2 | 4,531.2 | 4,895.9 | |
| EBIT | 2,322.0 | 2,191.5 | 2,275.4 | 2,555.3 | 2,649.1 | 2,573.7 | 2,675.4 | 3,344.2 | 3,610.5 | 2,786.3 | 4,126.3 | 4,486.9 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 2,666.2 | 2,521.8 | 2,563.8 | 2,879.4 | 2,876.4 | 2,819.4 | 2,960.7 | 3,633.1 | 3,732.9 | 3,103.3 | 4,426.8 | 4,569.3 | |
| + Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -76.7 | 37.5 | 0.0 | 0.0 | |
| Pretax Income | 2,666.2 | 2,521.8 | 2,563.8 | 2,879.4 | 2,876.4 | 2,819.4 | 2,960.7 | 3,633.1 | 3,656.2 | 3,140.9 | 4,426.8 | 4,569.3 | |
| + Current Tax | 614.3 | 575.5 | 641.9 | 669.2 | 674.1 | 638.6 | 728.3 | 956.1 | 943.2 | 1,004.1 | 1,152.1 | 1,255.8 | |
| + Deferred Tax | 19.3 | 18.8 | -19.9 | 244.5 | 6.7 | 43.8 | 21.9 | -79.4 | -36.9 | -160.3 | 82.6 | -30.4 | |
| Tax Expense | 633.6 | 594.3 | 622.0 | 913.7 | 680.8 | 682.4 | 750.2 | 876.6 | 906.4 | 843.9 | 1,234.7 | 1,225.3 | |
| + Share of Associates & JVs | 0.0 | 83.9 | 0.0 | -580.3 | 0.0 | -335.2 | 0.0 | -634.5 | 0.0 | 1,195.2 | -3.4 | 40.5 | |
| Net Income | 2,032.6 | 2,011.4 | 1,941.8 | 1,385.4 | 2,195.7 | 1,801.9 | 2,210.4 | 2,122.0 | 2,749.8 | 3,492.2 | 3,188.8 | 3,384.4 | |
| + Net Income — Continuing Ops | 2,032.6 | 1,927.5 | 1,941.8 | 1,965.7 | 2,195.7 | 2,137.0 | 2,210.4 | 2,756.5 | 2,749.8 | 2,297.0 | 3,192.2 | 3,344.0 | |
| + Other Comprehensive Income | 406.1 | 78.8 | 36.9 | 786.6 | 162.3 | 329.3 | 1,022.0 | -566.0 | -193.5 | -1,624.1 | 802.3 | 86.9 | |
| Total Comprehensive Income | 2,438.7 | 2,090.3 | 1,978.7 | 2,172.0 | 2,357.9 | 2,131.1 | 3,232.4 | 1,556.0 | 2,556.3 | 1,868.1 | 3,991.1 | 3,471.4 | |
| Net Income to Common | 2,032.6 | 2,011.4 | 1,941.8 | 1,385.4 | 2,195.7 | 1,801.9 | 2,210.4 | 2,122.0 | 2,749.8 | 3,661.9 | 3,225.6 | 3,436.1 | |
| Minority Interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -169.7 | -36.9 | -51.7 | |
| Per Share | |||||||||||||
| Basic EPS | 71.90 | 71.20 | 69.60 | 49.70 | 78.70 | 64.60 | 79.20 | 76.00 | 98.50 | 131.10 | 115.50 | 124.60 | |
| Diluted EPS | 71.90 | 71.20 | 69.60 | 49.70 | 78.70 | 64.40 | 79.10 | 75.90 | 98.40 | 130.90 | 115.30 | 124.30 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | 329.3 | 1,022.0 | -566.0 | -193.5 | -1,624.1 | 802.3 | 86.9 | |
| + Items NOT to be Reclassified to P&L | 174.4 | 221.7 | 81.4 | 525.0 | 416.4 | 198.2 | 570.6 | -698.0 | -276.8 | -833.0 | 554.8 | 52.0 | |
| + Items to be Reclassified to P&L | 231.8 | -142.9 | -44.5 | 261.6 | -254.2 | 131.1 | 451.4 | 132.0 | 83.3 | -791.1 | 247.6 | 34.9 | |
| Comprehensive Income — Owners of Parent | 2,438.7 | 2,090.3 | 1,978.7 | 2,172.0 | 2,357.9 | 2,131.1 | 3,232.4 | 1,556.0 | 2,556.3 | 2,037.8 | 4,026.3 | 3,503.5 | |
| Comprehensive Income — Non-controlling Interests | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -169.7 | -35.2 | -32.2 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 71.90 | 71.20 | 69.60 | 49.70 | 78.70 | 64.60 | 79.20 | 76.00 | 98.50 | 131.10 | 115.50 | 124.60 | |
| Diluted EPS — Continuing Operations | 71.90 | 71.20 | 69.60 | 49.70 | 78.70 | 64.40 | 79.10 | 75.90 | 98.40 | 130.90 | 115.30 | 124.30 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 3,510.8 | 3,437.8 | 3,637.2 | 3,944.3 | 4,008.8 | 4,145.2 | 4,320.3 | 5,210.8 | 5,482.4 | 5,481.8 | 7,673.1 | 8,127.4 | |
| Gross Margin % | 28.86 | 29.75 | 30.48 | 29.77 | 30.44 | 32.78 | 32.90 | 33.12 | 33.83 | 30.74 | 35.38 | 32.35 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 2,666.2 | 2,521.8 | 2,563.8 | 2,879.4 | 2,876.4 | 2,819.4 | 2,960.7 | 3,633.1 | 3,732.9 | 3,103.3 | 4,426.8 | 4,569.3 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -76.7 | 37.5 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 2,032.6 | 2,011.4 | 1,941.8 | 1,385.4 | 2,195.7 | 1,801.9 | 2,210.4 | 2,122.0 | 2,807.5 | 3,464.8 | 3,188.8 | 3,384.4 | |
| EPS Adj | 71.90 | 71.20 | 69.60 | 49.70 | 78.70 | 64.60 | 79.20 | 76.00 | 100.57 | 130.07 | 115.50 | 124.60 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| Paid Up Equity Capital | 283.2 | 279.2 | 279.2 | 279.3 | 279.3 | 279.3 | 279.3 | 279.3 | 279.5 | 279.5 | 279.5 | 274.8 | |
Filed with NSE on Tuesday, 27 October 2026 at 3:21 pm IST
Bajaj Auto (NSE: BAJAJ-AUTO) reported its Q2 FY27 results (July–September 2026) on Tuesday, 27 October 2026 at 3:21 pm IST. Consolidated net profit attributable to shareholders was ₹3,436 crore, up 61.9% from ₹2,122 crore in Q2 FY26 and up 6.5% from ₹3,226 crore in Q1 FY27. Revenue from operations was ₹25,126 crore, up 59.7% year on year and up 15.8% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹3,436 crore, up 61.9% from ₹2,122 crore in Q2 FY26 and up 6.5% from ₹3,226 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹3,384 crore.
Both grew from a year earlier: net profit was up 61.9% at ₹3,436 crore and revenue was up 59.7% at ₹25,126 crore. The operating margin was 17.9%, down 3.4 percentage points from 21.3% a year earlier. Against Q1 FY27, net profit was up 6.5% and revenue up 15.8%.
Consolidated net profit attributable to shareholders was ₹10,744 crore in FY26 (April 2025–March 2026), up 46.7% from ₹7,325 crore in FY25. It was ₹7,708 crore in FY24 and ₹6,060 crore in FY23: up 77.3% over three years, 21.0% a year on average.
Revenue from operations was ₹25,126 crore, up 59.7% year on year and up 15.8% from the previous quarter.
Basic earnings per share were ₹124.60, against ₹76.00 in Q2 FY26.
Bajaj Auto's net profit margin was 13.7% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 13.5% in Q2 FY26 (up 0.2 percentage points). For FY26 as a whole it was 17.1%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹4,487 crore, a margin of 17.9%, against 19.0% in Q1 FY27 and 21.3% in Q2 FY26. EBITDA was ₹4,896 crore, 19.5% of revenue.
Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹6,662 crore, up 53.8% from ₹4,332 crore in the same months a year earlier. Revenue from operations was ₹46,814 crore, up 62.2%.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
Net profit attributable to shareholders by quarter: ₹2,750 crore in Q3 FY26, ₹3,662 crore in Q4 FY26, ₹3,226 crore in Q1 FY27 and ₹3,436 crore in Q2 FY27. That is ₹13,073 crore over the four quarters, up 56.9% from ₹8,330 crore in the four quarters before. Revenue from operations: ₹16,204 crore, ₹17,832 crore, ₹21,689 crore and ₹25,126 crore.
Revenue from operations was ₹62,905 crore in FY26 (April 2025–March 2026), up 23.4% from ₹50,995 crore in FY25. It was ₹44,870 crore in FY24 and ₹36,455 crore in FY23: up 72.6% over three years, 19.9% a year on average.
On Tuesday, 27 October 2026 at 3:21 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 7 November 2025.
From Bajaj Auto's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 27 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.