Bajaj Auto Q3 exports drive growth despite domestic softness

Bajaj Auto reported strong Q3 FY26 performance with exports emerging as the primary growth driver. Overseas volumes offset domestic softness, supporting revenue stability and margin resilience. Management highlighted recovery in Africa and Latin America, while Europe remained stable. Analysts said export led growth improved diversification and earnings visibility, helping the company navigate demand fluctuations, currency movements, and competitive pressures in motorcycle and three wheeler markets.