Bajaj Auto Q2 profit up 24% on export recovery, richer product mix
Bajaj Auto's Q2 results surpassed expectations, with a 24% rise in net profit and 14% increase in revenue. Export and premium products were major contributors, and Ebitda crossed Rs 3,000 crore for the first time. Domestic demand was low, but improved sentiment during festivals boosted sales in 100cc to 150cc segments. Supply chain and regulatory challenges still need to be addressed.