Bajaj Auto Q1 profit rises 46% as revenue climbs 65%
Bajaj Auto posted Q1 FY27 consolidated net profit of Rs 3,225.63 crore and revenue of Rs 21,688.83 crore. Domestic revenue grew 26%, exports topped 700,000 units, and KTM and Triumph domestic revenue rose 60%.
What happened
Bajaj Auto reported strong Q1 FY27 growth across domestic, export, ICE and EV businesses. Sports motorcycles outpaced the industry, while Pulsar, Avenger,
Key facts
- Consolidated net profit Rs 3,225.63 crore, up 45.93% YoY
- Revenue from operations Rs 21,688.83 crore, up 65.03% YoY
- Standalone revenue Rs 17,244 crore, up 37% YoY
- Domestic revenue up 26% YoY
- Exports exceeded 700,000 units
- KTM and Triumph domestic revenue up 60% YoY
- Share price Rs 10,399.30, down 1.14%
Why this matters
KTM and Triumph’s 60% domestic revenue growth reinforces the strategic value of Bajaj Auto’s global premium-motorcycle partnerships and supports further brand, distribution and product-expansion opportunities.
What to watch
- Monthly domestic wholesale and retail registrations, especially premium motorcycle share gains.
- Export unit growth, geography mix, foreign-exchange movements and any trade-policy changes in major markets.
- KTM and Triumph retail sales, dealer additions, model launches and discounting levels.
- Gross margin versus commodity costs, incentive spending and mix contribution from premium products.
- Dealer inventory days and festive-season booking trends.
- Management commentary on FY27 volume, margin, capex and shareholder-return outlook.
- Increase dealer inventory and marketing support ahead of festive-season demand.
- Accelerate KTM, Triumph and premium motorcycle network expansion to convert brand momentum into domestic share gains.
- Deploy higher cash generation toward product development, export-market expansion, shareholder returns and selective capacity additions.
- Use strong earnings momentum to defend pricing while monitoring competitive responses from Hero, TVS, Royal Enfield and Honda.