Bajaj Auto

Maruti Suzuki sold 241,421 units with domestic dispatches at an all-time high of 200,123, Hyundai posted its highest-ever 75,360, Tata's passenger vehicles rose about 58 percent and Mahindra sold 103,860. Two-wheelers ran with it, TVS at 629,675 against 456,350 and Bajaj at 474,677 against 366,000. Hero was the one miss at 533,416 against an estimate of 555,050, so the volume is broad but not uniform.

EBITDA margin widened to 20.85 percent from 19.7 percent. Management pointed to the 125cc segment as the engine of the growth.