NSEGeneral Updates16 Jul 2026 · 16 Jul 2026, 10:33 am
General Updates
Bajaj Auto Limited · BAJAJ-AUTO
✦ AI Summary▲ PositiveResults
Bajaj Auto's step-down subsidiary Bajaj Mobility AG reported Q2 2026 preliminary figures, with revenue increasing 60% YoY to EUR 370 mio, and motorcycle sales up 71% YoY to 48,672 units.
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Bajaj Auto Limited has informed the Exchange about ad hoc announcement made by Bajaj Mobility AG (formerly PIERER Mobility AG), a step-down subsidiary of Bajaj Auto Limited titled - Preliminary figures for Q2 / 2026.
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16 July 2026
To, To,
Corporate Relations Department Corporate Listing Department
BSE Limited National Stock Exchange of India Ltd.
1st Floor, New Trading Ring Exchange Plaza, 5th Floor
Rotunda Building, P J Tower Plot No.C-1, G Block
Dalal Street Bandra-Kurla Complex
Mumbai 400 001 Bandra (East), Mumbai 400 051
BSE Code: 532977 NSE Code: BAJAJ-AUTO
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing
Regulations”), please find enclosed herewith the ad hoc announcement made by Bajaj
Mobility AG (“BMAG”) formerly PIERER Mobility AG, Austria, a step-down subsidiary of
Bajaj Auto Limited (“the Company”) titled Preliminary figures for Q2 / 2026. The
shares of BMAG are listed on the SIX Swiss Exchange and Vienna Stock Exchange.
The said information was received by the Company on 15 July 2026 at around 11:45
PM (IST).
In terms of Regulation 30(8) of the Listing Regulations, this intimation will also be made
available on the Company’s website at https://www.bajajauto.com/investors/disclosures/
This is for your kind information and records.
Yours faithfully,
For Bajaj Auto Limited
Rajiv Gandhi
Company Secretary & Compliance Officer
ACS 11263
Encl.: As above
Registered Office Akurdi Pune 411035 India CIN L65993PN2007PLC130076
investors@bajajauto.co.in
Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR)
Ad hoc announcements pursuant to Art. 53 LR
Mattighofen, July 15, 2026
Bajaj Mobility AG: Preliminary figures for Q2 / 2026
Revenue Bajaj Mobility AG Q2/26: EUR 370 mio. vs. EUR 231 mio. in Q2/25
Revenue Motorcycles HY1 2026: EUR 700 mio. vs. EUR 373 mio. in HY1 2025
Motorcycle Sales Q2/26: 48,672 units (+71% vs. 28,471 units Q2/25)
Bajaj Mobility AG EBITDA margin Q2/26: approx. 8.7% (vs. -55.6% in Q2/25) (*)
In the second quarter of 2026, Bajaj Mobility AG sold 48,672 motorcycles under the
KTM, Husqvarna Motorcycles and GASGAS brands outside the Indian market,
representing a 71% increase compared with the previous year and a 21% increase
compared with the first quarter of 2026.
In total, 89,004 motorcycles were sold outside the Indian market in the first half of 2026.
In addition, 58,568 motorcycles were sold through the strategic partner Bajaj Auto
(previous year: 34,950). In total, 147,572 motorcycles were sold worldwide in the first
half of the year 2026 (previous year: 81,336), representing an increase of 81%.
Revenue in the motorcycles segment rose from EUR 330 mio. in the first quarter to
EUR 370 mio. in the second quarter, representing an increase of 80% compared with
Q2/25 (EUR 205 mio.). In total, Bajaj Mobility AG achieved revenue of around EUR
700 mio. in the motorcycle segment in the first half of 2026, compared with EUR 373
mio. in the same period of the previous year.
In the second quarter of 2026, the company expects an EBITDA margin of around
8.7%, following a negative 55.6% in the second quarter of 2025 (*).
In the first half of 2026, the company expects an EBITDA margin of around 5.4%,
following -43.3% in the first half of 2025 (*).
The above figures are provisional. The half-yearly financial results are scheduled to be
published on August 27, 2026.
(*) after deduction of restructuring gain
About Bajaj Mobility AG (formerly: PIERER Mobility AG)
Bajaj Mobility AG (formerly PIERER Mobility AG) is a global leader in premium motorcycles and the listed subsidiary
of Bajaj Auto Limited, the world’s most valuable two- and three-wheeler company. As the holding company of KTM
AG, Bajaj Mobility AG brings together some of the most iconic and performance-driven brands in the global
motorcycle industry – KTM, Husqvarna Motorcycles and GASGAS. Headquartered in Austria, the company
represents a pinnacle of European engineering excellence across high-performance racing motorcycles, street and
offroad bikes, and travel-oriented models, complemented by premium WP components. With an established
presence across these segments in more than 70 countries, Bajaj Mobility AG is recognized for its innovative
engineering and strong product portfolio. Through its parent Bajaj Auto Limited, the group benefits from extensive
technological expertise and a worldwide distribution network, enabling decisive execution and long-term value
creation. Together, the group continues to set benchmarks in performance, quality, and global reach across the
international motorcycle industry.
For further information
Investor Relations
E-Mail: ir@bajajmobility.com
Website: https://www.bajajmobility.com
ISIN: AT0000KTMI02; Swiss Valorennummer (Switzerland): 41860974; Ticker-Symbol: BMAG; Bloomberg: BMAG
SW, BMAG AV; Reuters: BMAG.S, BMAG.VI