Bajaj Auto Q1 results: Net profit jumps 46% to ₹3,225 crore, revenue surges 65% on strong auto sales

Shares of Bajaj Auto dropped 1.43% to their intraday low of ₹10,372 apiece during Tuesday’s market hours after the Q1 earnings report, as investors focused on the sequential decline in financial performance.

At 1:38 pm, Bajaj Auto shares were trading 0.26% lower at ₹10,498 on July 21, according to NSE data.

NSE data also showed that Bajaj Auto’s consolidated net profit surged 46% to ₹3,225.63 crore in the April to June quarter of the financial year ending 2026-27, compared year-on-year (YoY) with ₹2,210.44 crore in the same period a year ago.

The automaker’s revenue from core operations advanced 65% to ₹20,870.23 crore in the first quarter of the current fiscal year, compared to ₹12,646.59 crore in the same quarter of the previous financial year.

Why did Bajaj Auto Q1 PAT decline sequentially?

On a sequential basis, Bajaj Auto’s Q1 net profits declined by 12%, when compared with a net profit of ₹3,662 crore in the fourth quarter of the fiscal year ended 2025-26, according to the consolidated financial statements.

Although the company’s revenue from core operations gained 22% on a quarter-on-quarter (QoQ) basis, up from ₹17,107.96 crore in the March quarter for the year ended 2025-26, the profits declined due to the rise in input costs for the period.

On a sequential basis, the input costs of the automaker advanced 20.4% to ₹13,261.30 crore in the June quarter, from ₹11,007.88 crore in the Q4 results of FY2025-26. On a year-on-year (YoY) basis, the input costs expanded 65% to their first-quarter-ended levels.

The rise in input costs in the April to June quarter comes against the backdrop of the supply chain disruption, which was caused by the conflict between the United States and Iran in West Asia.

Segmental snapshot

Looking at the segmental revenues, Bajaj Auto earned the most from its automotive sales business, which witnessed a 64.6% YoY rise to ₹20,799.55 crore in the April to June quarter, compared with ₹12,632.15 crore in the same quarter of the year earlier.

Bajaj Auto’s financing business recorded an 84% YoY rise in revenues to ₹1,111.95 crore, from ₹602.30 crore in the same period a year ago, according to the consolidated financial statements.

While the company’s investments business generated a 14% YoY rise in revenues to ₹465.19 crore, from ₹407.88 crore in the same quarter of the previous year.

How have Bajaj Auto shares performed?

Bajaj Auto shares have delivered more than 168% returns to their investors in the last five years, 116% gains in the last three years, and more than 24% returns on their investment in the past one year period, according to NSE data.

So far in the calendar year 2026, the company’s stock has risen 10%, and the shares have gained 4.3% in the last one-month period. Bajaj Auto shares were trading 3.3% higher in the last five market sessions.

Shares of Bajaj Auto have surged to their 52-week high of ₹10,834 on May 27, 2026, while the 52-week low was at ₹7,858.50 on August 7, 2025, according to the exchange data. The automaker’s market capitalisation (m-cap) was at over ₹2.93 lakh crore as of the trading session on Tuesday, July 21, 2026.