Bajaj Auto's Q3FY25 revenue jumped 6% YoY to Rs 12,807 crore, with the company's electric vehicles portfolio making up about 45% of its revenue

The company achieved its highest festive retail volumes in the domestic market and exports too saw a broad-based recovery, Shares of Bajaj Auto Limited ended at ₹8,421.80, up by ₹41.45, or 0.49%, on the BSE.

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.

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.

India's Bajaj Auto reported a smaller-than-expected rise in third-quarter profit on Tuesday, hurt by lower domestic sales of its motorcycles and three-wheelers, while higher sales of its margin-diluting electric scooters also weighed.

Anand Rathi is bullish on Bajaj Auto has recommended buy rating on the stock with a target price of Rs 10,000 in its research report dated January 28, 2025.

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.