Bajaj Auto steers KTM to first profitable quarter since bankruptcy
Austrian bikemaker KTM posted €5.5M Ebitda in Q4, its first profitable quarter post-bankruptcy, after Bajaj Auto's takeover. Revenue jumped 70% to €331M and motorcycle sales doubled to 40,332 units, aided by cost cuts and 500 layoffs.
What happened
KTM turned Ebitda-positive (€5.5M) in Jan-Mar quarter, first profitable quarter since bankruptcy, after Bajaj Auto's takeover. Revenue rose 70% to €331M,
Key facts
- €5.5 million Ebitda Q4
- €331 million revenue
- 70% revenue growth
- 40,332 units sold
- €35.1 million net loss
- 500 layoffs
- €800 million deal
- 75% stake
- 7% YTD share gain
Why this matters
Bajaj's playbook of acquiring distressed premium OEMs and rapidly restructuring them sets a template for further consolidation in European two-wheeler assets where scale and low-cost sourcing are decisive.
Also reported by
- Mint · Companies — Same time