Bajaj Auto's most recent quarterly results highlight the significant contributions of two of its prominent brands—Chetak Electric and Triumph Motorcycles—in maintaining growth within a highly competitive automotive landscape. The company reported a 6 per cent increase in revenue year-on-year, reaching ₹12,807 crores, as it continues to strategically pivot towards premium motorcycles and electric vehicles (EVs).

Bajaj sales report Q3 FY2025: Chetak Electric

Chetak Electric has emerged as a standout model within Bajaj’s portfolio, experiencing a remarkable 2.5-fold increase in sales compared to the previous year. Notably, the scooter's market share has surged to 25 per cent, reflecting an increase of 1,100 basis points. The manufacturer attributes this achievement to the introduction of the ‘Best Chetak Yet,’ the Chetak 35 series, which features enhancements such as a superior battery that provides a class-leading range, an extended seat, a more spacious boot, and faster charging capabilities. Additionally, the scooter incorporates advanced technology tailored to meet the demands of contemporary urban living.

Bajaj sales report Q3 FY2025: KTM motorbikes

Bajaj has enhanced its premium product lineup not only through Triumph but also via its partnership with KTM. Modifications to models such as the Duke 200 and 250 have increased their attractiveness in the market. Furthermore, the introduction of ten new high-performance motorcycles, featuring engine capacities reaching up to 1,390cc, has generated considerable enthusiasm among enthusiasts in India's expanding sports motorcycle sector.

Bajaj sales report Q3 FY2025: Triumph partnership

The Chetak may be leading the electric vehicle market, but Triumph Motorcycles is similarly excelling in the premium motorcycle sector. The updated Speed 400 has propelled Triumph to unprecedented levels, achieving its highest quarterly sales to date. Additionally, Bajaj has played a significant role in broadening Triumph's presence in India by increasing the number of dealerships. Currently, the brand operates 126 dealerships, which encompass 55 per cent of the market, thereby enhancing Triumph's appeal among motorcycle enthusiasts.

Bajaj sales report Q3 FY2025: Exports

Bajaj Auto experienced a resurgence in exports following nine consecutive quarters of difficulties. Growth was observed in the African, Asian, and Latin American markets, with Nigeria's sales exceeding 100,000 units. Nevertheless, a decline in KTM exports underscored the inconsistent recovery across different segments.

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