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Bajaj Auto delivers robust Q2, looks to rev up EV biz, KTM plans
Mint Bangalore
|November 08, 2025
Bajaj Auto Ltd is shifting gears after a record quarter, unveiling plans to launch a new Chetak electric platform within months and fast-track its acquisition of Austrian premium motorcycle maker KTM.
The moves come on the back of a record 53% year-on-year jump in net profit to ₹2,122 crore for the September quarter, as revenue rose 20% to ₹16,310 crore, driven by strong overseas sales and rising demand for premium mobikes of over 125cc.
The robust performance came despite a production setback in July-August, caused by a shortage of rare earth magnets used in its electric vehicles, which account for about a fifth of Bajaj’s revenue.
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