Bajaj Auto to pass on higher input costs to customers

"International business is growing at twice the rate of global emerging markets, which is again increasing market share. In Africa, our market share is crossing 14 percent. The price part of the story that has triggered at the beginning of 2018 has actually devolved into a product story. If you look at it very closely, the growth particularly in November, December onwards is being driven by the new products, the variants which we have put in," Sharma said.

"It's very difficult to say what the final margin is going to be as it's a blended margin between the three businesses namely commercial vehicles, international business and domestic motorcycles," he added.

Bajaj Auto reported 20.49 percent increase in consolidated net profit at Rs 1,220.77 crore for December quarter 2018-19, on account of higher sales volume. The company had posted a net profit of Rs 1,013.16 crore in the same quarter of 2017-18. Total income during the reported quarter went up 19.49 percent to Rs 7,879.34 crore as against Rs 6,595.22 crore in the year-ago period.