Bajaj Auto reported its results for the second quarter of FY25 on Wednesday after market close.

What Happened: Bajaj Auto reported a standalone net profit of ₹2,005.04 crore, a 9.20% year on year increase from the previous year. The pulsar maker’s revenue increased by 21.81% year on year to ₹13,127.47 crore. EBITDA was at ₹2,653 crore.

The results missed the analyst’s expectations of ₹2,213.6 crore net profit and ₹13,289.56 crore revenue.

The revenue growth was backed by robust domestic performance and steady recovery of exports, the company said in their press release. In the domestic market, Bajaj’s Triumph delivered a 50% quarter on quarter volume growth with 10,000 units in domestic sales and 16,500 units total.

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The commercial vehicles also clocked an all time high of 140000 units in the quarter, the company added/

The company in the previous year reported a net profit of ₹1,836 crore and revenue of ₹10,777 crore.

Bajaj Auto’s September sales increased by 20% from the previous year to 4.7 lakh units. The two wheeler sales increased by 22% to 4 lakh units. With 2.6 lakh domestic sales and 1.4 lakh exports. The commercial vehicle segment grew by 6% to more than 69,042 units with 52,554 domestic sales and 16,488 exports.

Price Action: Shares of Bajaj Auto rose 0.88% to ₹11,622.50 on Wednesday.

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