**Market Brief: Bajaj Auto Q3 FY26 Performance** **Snapshot** Bajaj Auto has delivered a record-breaking performance for the third quarter ended December 31, 2025. The two-wheeler major achieved a historic revenue milestone, crossing the **₹15,000 crore** mark for the first time, underpinned by robust volumes and a richer product mix. **Key Financial Figures** * **Net Profit:** **₹2,503 crore** (↑ 19% YoY) * **Revenue from Operations:** **₹15,220 crore** (↑ 19% YoY) * **EBITDA:** **₹3,161 crore** (↑ 22% YoY) * **EBITDA Margin:** **20.8%** (Expanded by 60 bps) **Operational Highlights** The quarter witnessed historic high retail numbers, driven by sharp execution during the festive season. * **Exports Resurgence:** International business saw a strong recovery with quarterly export volumes crossing **600,000 units** for the first time in 15 quarters. * **EV Momentum:** The electric vehicle portfolio—contributing **25%** of domestic revenues—surpassed the entire previous year's revenue in just this quarter. The **Chetak** scooter recorded an all-time high, growing **70%** over the previous quarter. * **Premium Segment:** The 125cc+ motorcycle segment and the KTM/Triumph portfolio delivered double-digit revenue growth. **Market Reaction & Financial Health** The company maintains a fortress balance sheet with surplus funds of nearly **₹15,000 crore**, even after a significant dividend payout of **₹5,864 crore**. Following the announcement, Bajaj Auto shares closed firm at **₹9,584** on the NSE.