Bajaj Auto Says Upgrades Planned Across 125-160cc Motorcycles

Bajaj Auto plans to upgrade its 125-160cc motorcycle portfolio after reporting strong growth in its sporty motorcycle business during the April-June quarter, as the company looks to strengthen its position in one of India's largest motorcycle segments.

The company said upcoming upgrades across its 125-160cc motorcycles are expected to improve its competitive position following product interventions in the Pulsar range that helped it gain market share during the quarter.

Bajaj Plans Upgrades Across Its 125-160cc Motorcycle Range

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"Pulsar, Avenger and Dominar all grew double digit YoY; the sports segment was at ~50% growth as product interventions across the Pulsar range drove market share gains; upcoming upgrades across 125-160cc are expected to further strengthen competitive positioning," Bajaj Auto said in its quarterly earnings statement.

The automaker's current 125-160cc portfolio includes motorcycles under the Pulsar and Freedom brands. Bajaj Auto did not disclose whether the planned upgrades would cover its entire 125-160cc portfolio or specific models, nor did it provide a timeline for their rollout.

What's Driving The Upgrade Decision

The logic here is fairly straightforward — when a segment is already delivering close to 50% growth, doubling down on it makes more sense than spreading resources thin elsewhere. Bajaj's Pulsar range has clearly been the standout performer this quarter, and the company appears to be using that momentum as a reason to refresh the wider 125-160cc lineup rather than resting on one strong quarter.

Bajaj's Broader Push Beyond Motorcycles

The company had earlier said in its annual report that it would sharpen its focus on the domestic 125cc-plus motorcycle segment in the current financial year, while accelerating the growth of its Chetak electric scooter business and the KTM and Triumph premium motorcycle brands. It also plans to expand exports despite geopolitical tensions, commodity inflation and supply chain disruptions.

Bajaj Auto is also planning to expand manufacturing capacity for its electric vehicle and premium motorcycle portfolios, develop alternative materials and supply sources, and continue efforts to restore KTM to sustainable financial performance. It's worth noting that Bajaj's push into electrification isn't limited to two-wheelers — the company has steadily grown its electric 3-wheeler lineup alongside its established Bajaj 3-wheeler range, which continues to be a major contributor to the company's overall commercial vehicle volumes.

A Record Quarter Behind The Move

The planned upgrades come after Bajaj Auto reported record quarterly financial performance for the April-June period.

Revenue from operations rose 37% year-on-year to a record Rs 17,244 crore, driven by higher sales volumes and better realisations. Profit after tax climbed 42% to Rs 2,983 crore, while EBITDA increased 45% to Rs 3,596 crore. The EBITDA margin improved to 20.9% from 19.7% a year earlier.

The company sold a record 1.44 million vehicles during the quarter, up 29% from a year earlier. Total two-wheeler sales increased 29% to 1.22 million units, while commercial vehicle sales rose 33% to 215,699 units. Domestic two-wheeler volumes grew 11%, while exports surged 52%, helping the company post its highest-ever quarterly export volumes. That 33% jump in commercial vehicle sales is worth pausing on — it points to healthy underlying demand across Bajaj's 3-wheeler business even as the motorcycle segment grabs most of the headlines.

Conclusion

A record quarter gives Bajaj Auto some room to reinvest, and putting that towards the 125-160cc range makes sense given how much of the company's recent growth has come from exactly that segment. Whether the upgrades touch the entire Pulsar and Freedom lineup or just select models remains to be seen, but with commercial vehicle sales also climbing sharply this quarter, Bajaj's broader portfolio appears to be firing on multiple fronts at once, not just motorcycles.

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Frequently Asked Questions on Commercial Vehicles

Q1. What is the price range of Bajaj 3-wheelers in India?

Ans. Bajaj 3-wheelers typically range between Rs 2 lakh and Rs 3.5 lakh ex-showroom, depending on the fuel type and whether it's a passenger or cargo variant.

Q2. What is the loading capacity of a Bajaj cargo 3-wheeler?

Ans. Bajaj cargo 3-wheelers like the Maxima range generally offer a loading capacity of around 500-700 kg, depending on the specific model.

Q3. Does Bajaj offer electric 3-wheelers for commercial use?

Ans. Yes, Bajaj offers electric 3-wheeler options alongside its established petrol, diesel and CNG range, aimed at last-mile passenger and cargo transport.

Q4. Is financing available for Bajaj 3-wheelers?

Ans. Yes, Bajaj 3-wheelers are widely financed through banks and NBFCs, with EMI plans and low down payment options commonly available for commercial buyers.