Bajaj Auto Q2 net profit up 35% on strong exports, product mix

What happened: Bajaj Auto reported a 35% rise in Q2 net profit, driven by strong exports and product mix. Key numbers: Net profit ₹3,354 crore vs ₹2,480 crore a year earlier. Revenue up 34% to a record ₹20,003 crore. Bloomberg poll estimate was ₹3,152 crore profit on ₹18,917 crore revenue. Consolidated net profit rose 62% to ₹3,436.1 crore on revenue of ₹25,125.6 crore. Why it matters: Results beat brokerage estimates. The company offset higher input costs through selective price hikes, higher realisations, dollar-denominated export earnings and a richer product mix.

Bajaj Auto reported a 35% rise in Q2 net profit, driven by strong exports and product mix.

Results beat brokerage estimates. The company offset higher input costs through selective price hikes, higher realisations, dollar-denominated export earnings and a richer product mix.