Bajaj Mobility returns to operational profit in Q2

Bajaj Mobility has returned to operational profitability in the second quarter, reporting an EBIT of 1.3 million euros. The company saw its EBITDA margin increase from 5.4 percent to 8.7 percent, supported by revenue growth to 370 million euros and the sale of 89,004 motorcycles.

This turnaround follows a first half of the year that saw a loss of 47 million euros, largely attributed to the costs associated with the company's restructuring and realignment efforts. While the stock recently experienced a 3.6 percent dip to 30.55 euros, it remains up over 103 percent since the beginning of the year.