Bajaj Auto reports record quarter, appoints new chief product officer

Bajaj Auto Limited reported record standalone revenue from operations of INR 14,922.05 crore and an EBITDA exceeding INR 3,000 crore for Q2 FY26, with PAT reaching a new peak. Consolidated figures mirrored this success, with revenue from operations at INR 15,734.74 crore. The company saw strong performance across domestic and export markets, including double-digit growth in premium bikes and commercial vehicles. Total sales for the quarter reached 1,294,120 units.

The company's focus on cash generation drove approximately INR 4,500 crore in free cash flow in H1 FY26, maintaining a healthy balance sheet with surplus funds of INR 14,244 crore after distributing INR 5,864 crore as dividends and infusing over INR 2,000 crore into subsidiaries. Amidst challenges, Bajaj Auto achieved full re-homologation of its motor range and regained leadership in the EV scooter segment in October.

In a related development, Bajaj Auto announced the appointment of Aditya Makharia as chief product officer, effective January 1, 2026. This strategic move strengthens the company's senior management, bringing extensive global product and technology leadership experience to its two-wheeler, commercial vehicle, and EV portfolios.