Results: Sales in the domestic market declined 9 per cent year on year to ₹7,07,105 units as against 7,78,281 units in the year-ago period.

Speaking to reporters, Rakesh Sharma, executive director, Bajaj Auto, said that export revenues have grown by 16 per cent in Q3FY25 to Rs 4,500 crore. Going forward they expect exports growth to remain strong (over 20 per cent) in the near-term as they are positive on growth from the Latin American markets.

The auto major reported 8 percent on-year growth in both topline and bottomline, with net profit at Rs 2,196 crore, supported by robust exports, a strong domestic green energy portfolio, and record spares sales.

Bajaj Auto shares surged 2.74% to Rs 8,628.10 after reporting a three per cent YoY rise in Q3 profit. Analysts are split on its future, citing strong exports but domestic market concerns.

Bajaj Auto shares surged 4.56% on January 29 after the company reported a 3% YoY increase in standalone net profit for Q3 FY24, reaching Rs 2,109 crore. EBITDA rose by 6% YoY, driven by strong exports and cost efficiencies.

Bajaj Auto share price gained 5% in the morning trades post Q3 results that were declared after the market hours on Tuesday: Should you Buy, Sell or Hold?