Bajaj Auto Q4FY26: Net profit jumps 34% to ₹2,746 crore; revenue surges 32% as volumes hit record high

Bajaj Auto Limited (BAL) reported a 34% year-on-year (YoY) rise in standalone net profit to ₹2,746 crore for the quarter ended March 2026, driven by strong volume growth across domestic and export markets. The company’s revenue from operations climbed 32% YoY to ₹16,006 crore, marking a record quarterly turnover.

The performance was supported by broad-based demand across motorcycles, commercial vehicles and electric two-wheelers, alongside improved realisations and a favourable product mix. Total volumes for the quarter rose 24% YoY to 13.71 lakh units, with domestic sales growing 24% and exports increasing 25%.

The Pune-based automaker’s Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 36% YoY to ₹3,323 crore, while operating margins improved to 20.8%, up 60 basis points from the year-ago period, reflecting operating leverage and better mix.

Volumes, mix drive revenue expansion

The sharp rise in turnover was led by healthy traction across both domestic and overseas markets. Domestic volumes stood at 7.6 lakh units, while exports crossed 6.1 lakh units during the quarter, underlining sustained demand in key international geographies.

The company said growth was driven by a combination of record volumes, improved pricing and currency tailwinds, with all major business segments contributing to the topline expansion.

On a consolidated basis, Bajaj Auto reported revenue of ₹62,905 crore for FY26, up 23% YoY, while profit after tax rose 47% to ₹10,744 crore. The strong growth reflects continued momentum in the core business as well as the impact of consolidating global operations, including the KTM business.

The company’s diversified portfolio across geographies and segments helped sustain growth despite macroeconomic uncertainties, with exports and premium motorcycles playing a key role.

Capital allocation and shareholder returns

The board approved a final dividend of ₹150 per share for FY26 and announced a ₹5,633 crore share buyback at ₹1,200 per share, marking one of its largest capital return initiatives in recent years.

The payout signals confidence in the company’s cash flows and balance sheet strength. Management highlighted that consistent demand, premiumisation and expansion in electric vehicles are expected to support growth momentum in the coming quarters.