The two-wheeler major’s total sales, however, increased 14% to 3.69 lakh units, sharply higher from 3.23 lakh units reported in the same month of the previous fiscal year. During the month, domestic sales inched up by 3% to 1.32 lakh vehicles, Bajaj Auto said in a regulatory filing. However, its two-wheeler exports reported a strong uptick of 24%. The company exported 1.78 lakh units in December. In the same month last year, Bajaj Auto sold 1.43 lakh units.
As for commercial vehicles, sales rose 17%. Domestically, three-wheeler sales rose to more than 37,000 units in December, up 9% from 34,085 units in the same month last year. Exports rose more than domestic sales, registering an increase of 32% to 22,311 vehicles.
In Q2, Bajaj Auto’s domestic two-wheeler sales stood at 5,96,576 units, down 6% versus 6,36,801 units in the year ago period. They were up 13% QoQ compared to Rs 5,29,344 units. Commercial vehicles sales stood at 1,44,217 units in Q2FY26 versus 1,39,910 in the year ago period, recording a 3% growth.
Exports revenue grew 35% YoY across regions and 2Ws/3Ws. The company exported 5,53,327 vehicles in Q2, witnessing a 24% YoY jump over 4,44,793 units in the year ago period. The jump was 16% on a QoQ basis.
Bajaj Auto reported a 53% YoY jump in its consolidated net profit at Rs 2,122 crore versus Rs 1,385 crore in the year ago period. The revenue form operations in the quarter under review stood at Rs 15,735 crore, which was up 19% over Rs 13,247 crore in the corresponding quarter of the last financial year.
Revenue from operations set a new company best at over Rs 15,000 crore, propelled by a richer mix of vehicles and best ever spares sales. (Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)