Bajaj Auto reported a 42% jump in standalone Q1 FY27 profit, driven by record exports, robust domestic demand and rapid growth in its electric vehicle business.
Key Highlights
- Standalone net profit jumped 42% YoY to ₹2,982.84 crore.
- Revenue from operations increased 37% to ₹17,243.72 crore.
- Consolidated profit rose 46% to ₹3,225.63 crore.
- Consolidated revenue surged 64% to ₹22,376.69 crore.
- Total vehicle sales grew 29% to 14.38 lakh units.
- Exports surged 54%, crossing 7 lakh units in a quarter for the first time.
- Domestic sales increased 11% across two- and three-wheelers.
- EV revenue nearly doubled and now contributes around 30% of domestic revenue.
Record Quarter Across Business Segments
Bajaj Auto posted a strong performance for the first quarter of FY27, reporting a 42% year-on-year rise in standalone net profit to ₹2,982.84 crore, compared with ₹2,095.98 crore in the same quarter last year.
The company’s standalone revenue from operations also grew 37% to ₹17,243.72 crore, supported by higher vehicle sales, strong export demand and continued expansion of its electric vehicle portfolio.
Exports And EV Business Lead Growth
The automaker recorded its highest-ever quarterly export performance, with overseas shipments rising 54% and crossing the 7 lakh-unit milestone for the first time.
Overall vehicle sales increased 29% to 14.38 lakh units, while domestic sales grew 11% on the back of healthy demand across both two-wheelers and three-wheelers.
Bajaj Auto’s electric vehicle business continued its rapid expansion, with EV revenues nearly doubling from a year earlier despite supply constraints. EVs now contribute nearly 30% of the company’s domestic revenue.
Consolidated Revenue Sees Sharp Rise
On a consolidated basis, the company reported a 46% increase in profit after tax to ₹3,225.63 crore, while revenue from operations surged 64% to ₹22,376.69 crore during the April–June quarter.
The strong performance reflects growth across domestic operations, exports and subsidiary businesses.
Premium Brands Continue Momentum
Bajaj Auto said its premium motorcycle brands, KTM and Triumph, continued to deliver strong results, with domestic revenue from the two brands increasing 60% year-on-year.
The company stated that FY27 has begun on a strong note, with record quarterly performance across sales volumes, revenue and profitability, supported by sustained demand in both Indian and international markets.
