Bajaj Auto Q2 net profit up 35% on strong exports, product mix

Synopsis Bajaj Auto reported a 35% increase in standalone net profit for the September quarter. Revenue from operations rose to a record ?20,003 crore, fueled by an increase in exports. The company also managed to counter rising input costs through strategic price adjustments and a richer product mix. Electric vehicle sales, including the Chetak scooter, contributed to the profitability amid varying performance in the domestic market. Mumbai: Bajaj Auto’s standalone net profit rose 35% year-on-year in the September quarter, beating analyst estimates, as strong export growth and a richer product mix helped offset higher input costs. Net profit rose to…