Maharashtra Scooters Q2 FY27: total income Rs 297.37 cr, PAT Rs 293.27 cr

Maharashtra Scooters Q2 FY27: total income Rs 297.37 cr, PAT Rs 293.27 cr

Maharashtra Scooters (Bajaj Nivesh) Q2 FY27 total income was Rs 297.37 cr and profit after tax was Rs 293.27 cr, up from Rs 271.02 cr and Rs 267.07 cr a year ago.

Maharashtra Scooters Ltd
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Key takeaways

  • Total income for Q2 FY27 was Rs 297.37 cr vs Rs 271.02 cr a year earlier.
  • Revenue from operations in Q2 FY27 was Rs 297.36 cr vs Rs 271.02 cr.
  • Dividend income in Q2 FY27 was Rs 289.81 cr vs Rs 263.25 cr.
  • Profit after tax for Q2 FY27 was Rs 293.27 cr vs Rs 267.07 cr.
  • EPS (basic and diluted, not annualised) was Rs 256.61 vs Rs 233.69.

Q2 FY27 · standalone

MetricSep 2026Sep 2025Change
RevenueRs 297.36 crRs 271.02 cr+9.7%
PATRs 293.27 crRs 267.07 cr+9.8%

As reported in the filing. Figures are transcribed, not computed.

What the numbers show

  • Net margin was 98.62% of revenue, against 98.54% a year earlier.
  • Total expenses rose 22.1% while revenue rose 9.7%.

• Basis: Standalone statement of unaudited financial results (Statement of Profit and Loss) for the quarter ended 30.09.2026 vs quarter ended 30.09.2025, as per the statement of financial results on page 3.

• Revenue from operations (total): Rs 297.36 cr for the quarter ended 30.09.2026 vs Rs 271.02 cr for the quarter ended 30.09.2025.

• Interest income: Rs 7.07 cr vs Rs 7.30 cr.

• Dividend income: Rs 289.81 cr vs Rs 263.25 cr.

• Net gain on fair value changes: Rs 0.48 cr vs Rs 0.47 cr.

• Other income: Rs 0.01 cr vs Rs – (no amount reported for the quarter ended 30.09.2025 in the statement of financial results).

• Total income (1+2): Rs 297.37 cr vs Rs 271.02 cr.

• Employee benefits expense: Rs 0.17 cr vs Rs 0.13 cr.

• Depreciation, amortisation and impairment: Rs – for the quarter ended 30.09.2026 vs Rs – for the quarter ended 30.09.2025 (no amount reported for either quarter in the statement of financial results).

• Other expenses: Rs 1.32 cr vs Rs 1.09 cr.

• Total expenses: Rs 1.49 cr vs Rs 1.22 cr.

• Profit before tax (3-4): Rs 295.88 cr vs Rs 269.80 cr.

• Current tax: Rs 2.60 cr vs Rs 1.86 cr.

• Short/(Excess) provision for tax pertaining to earlier years: Rs – for the quarter ended 30.09.2026 vs Rs 0.94 cr for the quarter ended 30.09.2025.

• Deferred tax: Rs 0.01 cr vs Rs (0.07) cr.

• Total tax expense: Rs 2.61 cr vs Rs 2.73 cr.

• Profit after tax: Rs 293.27 cr vs Rs 267.07 cr.

• Basic and diluted earnings per share (not annualised): Rs 256.61 vs Rs 233.69.

For Q2 FY27, Maharashtra Scooters Limited (now Bajaj Nivesh Limited) reported total income of Rs 297.37 cr, as per the statement of financial results. This was driven mainly by dividend income of Rs 289.81 cr, with interest income at Rs 7.07 cr and net gain on fair value changes at Rs 0.48 cr. Revenue from operations rose to Rs 297.36 cr from Rs 271.02 cr in the corresponding quarter of the previous year. Other income was reported at Rs 0.01 cr for the quarter ended 30.09.2026, while no amount was reported under other income for the quarter ended 30.09.2025 in the statement of financial results.

On the cost side, total expenses increased to Rs 1.49 cr from Rs 1.22 cr a year earlier, with employee benefits expense at Rs 0.17 cr and other expenses at Rs 1.32 cr for the quarter ended 30.09.2026. No depreciation, amortisation and impairment amount was reported for either of the two quarters in the statement of financial results. Profit before tax for the quarter ended 30.09.2026 stood at Rs 295.88 cr compared with Rs 269.80 cr in the corresponding prior-year quarter. Total tax expense was Rs 2.61 cr for the quarter ended 30.09.2026 versus Rs 2.73 cr a year ago, which had included Rs 0.94 cr under short/(excess) provision for tax pertaining to earlier years. Profit after tax rose to Rs 293.27 cr from Rs 267.07 cr, and basic and diluted earnings per share (not annualised) increased to Rs 256.61 from Rs 233.69, as disclosed in the statement of financial results.

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Maharashtra Scooters Q2 FY27 Results: Revenue Rs 297.36 cr | Cruxal