Bajaj Auto Q1 Results: Cons PAT surges 46% YoY to Rs 3,226 crore; revenue zooms 65%

Bajaj Auto reported Q1 consolidated PAT of Rs 3,226 crore, up 46% YoY, while revenue surged 65% to Rs 21,689 crore from Rs 13,133 crore a year ago. EBITDA margin stood at 20.9%, up 110 bps YoY, aided by favourable USD/INR realisations, better product mix and operating leverage. Exports crossed the 700,000-unit mark for the first time, with Africa volumes more than doubling YoY and commercial vehicle volumes growing around 70% YoY.