Quote on Bajaj Auto`s Q3FY25 Results by Arun Agarwal, VP Fundamental Research, Kotak Securities
Below the Quote on Bajaj Auto`s Q3FY25 Results by Arun Agarwal, VP Fundamental Research, Kotak Securities
In Q3FY25, yoy revenue increase was supported by strong volume growth witnessed in the electric two-wheeler and the export segments. Double-digit export volume growth is expected to continue in FY26E. EV scooter sales volume growth was led by scale-up, launch of the new Chetak model and increase in the distribution network. We expect the domestic two-wheeler industry growth to continue but at a moderate pace as compared with growth seen in the past couple of years
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