Bajaj Auto beats on profit as exports and product mix lift June-quarter performance
Standalone net profit rose 42% year-on-year to Rs 2,983 crore, while revenue grew 36%. Bajaj Auto is targeting a capacity increase from 7 million to 9 million units annually and is expanding its Chetak EV portfolio alongside electric motorcycle development.
Bajaj Auto beat quarterly profit estimates as volumes, realisations and product mix improved. It plans to expand annual capacity to 9 million units, deepen the Chetak EV range and develop electric motorcycles and a Qute electric variant.
Why this matters
The results extend Bajaj Auto's recent expansion pattern: it has targeted 25%+ capacity growth, 10 launches and wider Chetak rollout, while raising Chetak capacity as EV demand outpaced supply and planning an FY28 electric motorcycle launch.
retail-company is accelerating, up 967800% QoQ.