Bajaj Auto Net Profit Rises 34% In Q4, Announces Bumper Dividend Of ₹150 Per Share

Bajaj Auto Ltd. reported its highest-ever standalone profit after tax (PAT)  at ₹2,746 crore for Q4 FY2026 (January to March 2026), registering a 34 per cent year-on-year (YoY) growth. The company registered a generous jump in domestic and export volumes not just for the last quarter but for the financial year as well, backed by strong global revenue. Bajaj Auto also declared a bumper dividend of ₹150 per share, and has fixed May 29 as the record date for determining the eligibility of shareholders for the dividend's payment.

For Q4 FY26, the revenue from operations stood at ₹16,006 crore, a growth of 32 per cent year-on-year, as against ₹12,148 crore in the same quarter last year. The EBITDA (earnings before interest, tax, depreciation and amortization) rose 36 per cent YoY at ₹3,323 crore in the quarter ending in March, as opposed to ₹2,451 crore during the same quarter in the last fiscal. The operating margin climbed by 60 basis points YoY to 20.8 per cent in Q4 FY26 from 20.2 per cent in Q4 FY25, the company said.

Domestic motorcycles posted a milestone quarter with revenues up by about 30 per cent YoY, backed the updated Pulsar range. The KTM-Triumph duo registered a 40 per cent YoY growth with the Duke range bringing the volumes for KTM, while the Speed 400 was the bestseller for Triumph. The new Triumph 350 cc motorcycles were introduced towards the end of the quarter, which the company said have received an “initial response.” The Chetak electric scooter range also saw retail volumes pass the one lakh milestone, backed by the launch of the new Chetak C25 in the portfolio.

Bajaj’s exports exceeded the six lakh units mark in the last quarter with revenues growth 30 per cent YoY. The Pulsar remained the top-exported model for the brand with LatAm being one of its biggest markets overseas. Bajaj further said that Africa and Asia continued to post “strong double-digit growth.”

With respect to annual volumes, Bajaj reported a 10 per cent annual growth in FY2026 with over five million units, surpassing the previous peak of FY2019. The two-wheeler maker’s revenue clocked an all-time high of ₹58,732 crore, registering a 17 per cent YoY growth on both record vehicles and spare sales.

Domestic revenue increased by 13 per cent YoY, with a strong growth momentum in the second half of the fiscal buoyed by GST rationalisation and the festive season. Bajaj also retained its position as the top EV player in the market with 20 per cent of its domestic sales contributed by EVs in the last fiscal, contributing about ₹8,000 crore. Exports scaled new highs on revenue with a strong double-digit volume growth with over 2 million units shipped. With a global revenue of ₹5,000 crore, KTM-Triumph delivered over 40 per cent growth YoY with 2.25 lakh units shipped overseas.

Bajaj Auto's board also approved a share buyback worth up to ₹5,633 crore. This marks a second buyback in a little over two years for the company. The Pune-based two-wheeler giant plans to repurchase up to 46,94,000 equity shares at ₹12,000 apiece, a premium of around 16.3 per cent over the last recorded share price by the BSE.