Bajaj Auto Ltd reported a strong 14% year-on-year growth in total sales for December 2025, supported by a sharp rise in exports, even as domestic two-wheeler demand remained muted.
The company sold 3,69,809 vehicles in December, compared with 3,24,082 units a year ago. Export volumes rose 25% YoY to 2,00,436 units, emerging as the primary growth driver for the month.
December 2025 Sales Snapshot
Total sales: 3,69,809 units (+14% YoY)
Domestic sales: 1,69,373 units (+4% YoY)
2-wheelers: 1,32,228 units (+3%)
Commercial vehicles: 37,145 units (+9%)
Exports: 2,00,436 units (+25% YoY)
2-wheelers: 1,78,125 units (+24%)
Commercial vehicles: 22,311 units (+32%)
FY26 Performance So Far (Apr–Dec)
For the first nine months of FY26, Bajaj Auto’s total volumes rose 6% YoY to 37.47 lakh units. However, domestic sales declined 3% YoY, reflecting continued pressure in the Indian two-wheeler market.
Domestic volumes: 21.07 lakh units (-3% YoY)
2-wheelers: -4% YoY
Commercial vehicles: +3% YoY
Exports: 16.40 lakh units (+19% YoY)
Commercial vehicle exports surged 53% YoY
What It Means
Bajaj Auto’s December performance reinforces its structural strength in overseas markets, which continues to offset softness in domestic two-wheeler demand. Strong growth in commercial vehicles and export-led volumes remains a key earnings support heading into the final quarter of FY26.
