The company's revenues rose by 8.56% to Rs 5,413 crore from Rs 4,986 crore during the same period.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 12.3% YoY to Rs 1,105 crore. EBITDA margin stood at 20.1%.
Motorcycle sales were up by 7% Year-on-Year to 6.87 lakh units and 3-wheeler commercial vehicle sales went up by 23% to 64,168 units in the quarter.
On sequential basis however, operating margin improved by 40 bps from 19.7% in Q2 mainly due to richer product mix and better realization on exports," Bajaj Auto said in a statement.
The shares of the company were seen trading at Rs 2,101 lower by 0.67% on BSE after touching an intraday low of Rs 2,058. It touched an intraday high of Rs 2,153.