Bajaj Auto , one of India's leading two-wheeler and three-wheeler manufacturers, has reported record-breaking results for the second quarter, setting new benchmarks across multiple financial metrics.

Record-Breaking Performance

The company achieved several all-time highs in Q2:

• Revenue: Nearly Rs 15,000 crores, growing 14% year-on-year
• EBITDA: Crossed Rs 3,000 crores with a 20.5% margin
• PAT (Profit After Tax): Close to Rs 2,500 crores

Key Drivers of Growth

1. GST Rate Cuts and Festive Demand: The reduction in GST rates, combined with festive season demand, boosted sales across all business units.

2. Strong Export Performance: Exports grew by 24% in volume, with over 550,000 units shipped. Latin America delivered its highest-ever quarterly performance.

3. Domestic Motorcycle Success: The company saw record retail performance during the festive period, particularly in the Pulsar portfolio.

4. Commercial Vehicle Growth: The three-wheeler business unit delivered an all-time record quarter with 145,000 units sold.

5. Electric Vehicle Progress: EV portfolio, comprising three-wheelers, Chetak, and Yulu, contributed almost 20% of domestic revenue with a double-digit EBITDA percentage.

Segment-wise Performance

Future Outlook

Bajaj Auto has outlined several strategies for continued growth:

1. Product Pipeline: New Pulsar models planned for December, March, and May launches.
2. Export Growth: Aims to maintain the growth tempo in coming months.
3. Electric Vehicles: Focus on regaining momentum in both two-wheeler and three-wheeler EV segments.
4. Premium Segment: Aggressive growth plans for KTM and Triumph businesses.
5. Market Share: Strategies in place to capture higher market share in the improving ICE auto market and the growing electric vehicle segment.

Rakesh Sharma, Executive Director of Bajaj Auto, commented, "The Q2 performance has built on the strong note on which we commenced Q1 and it has recorded several all-time highs. We expect exports to continue to maintain the growth tempo in the coming months."

The company's robust performance across various segments, coupled with strategic initiatives in both domestic and international markets, positions Bajaj Auto for continued growth in the evolving automotive landscape.

Bajaj Auto Limited's wholly-owned subsidiary, Bajaj Auto International Holdings B.V. (BAIH), has received clearance from the European Commission to proceed with its acquisition of control over PIERER Mobility AG. This development marks a significant step in Bajaj Auto's international expansion strategy and may strengthen its position in the European motorcycle market.

Key Highlights of the Acquisition

• The European Commission has decided not to initiate an in-depth investigation under the Foreign Subsidies Regulation.
• BAIH can now acquire Pierer Industrie AG's 50.1% stake in Pierer Bajaj AG.
• This acquisition will give BAIH indirect control over PIERER Mobility AG, the parent company of KTM.
• Pierer Bajaj AG holds a 74.9% stake in PIERER Mobility AG.

Timeline and Regulatory Approvals

Implications and Next Steps

The clearance from the European Commission marks the fulfillment of all regulatory requirements for Bajaj to take control. This strategic move is expected to strengthen Bajaj Auto's global presence, particularly in the European motorcycle market.

According to the LODR data, BAIH informed PIERER Mobility AG about the receipt of the notification from the European Commission on November 10, 2025. PIERER Mobility AG subsequently issued a press release confirming that the takeover may proceed to completion as of November 11, 2025.

The closing of the change of control is anticipated in the coming weeks, which will see BAIH become the sole owner of Pierer Bajaj AG. This acquisition is a significant step for Bajaj Auto Limited, potentially enhancing its global market position and product portfolio through the indirect control of KTM.

As this corporate action unfolds, investors and industry observers will be keen to see how Bajaj Auto leverages this acquisition to drive growth and innovation in the competitive global motorcycle market.