New Delhi, Aug. 28 -- Bajaj Auto-owned Austrian bike maker KTM reported its first operating profit since filing for bankruptcy, as workforce and inventory cuts, along with a boost in sales, helped the company return to the black in the April-June quarter.

According to filings made to the Austrian stock exchange, KTM's holding company Bajaj Mobility AG reported earnings before interest and tax (Ebit) profit of €1.3 million in the April-June period, compared with a loss of €164.7 million in the year-ago period in 2025.

To be sure, the company has adjusted the operating profit number for 2025 by 1.2 billion euros, which was recorded as a one-time gain owing to its restructuring fund infusion to pull the company out of bankruptc...