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India's Bajaj Auto quarterly profit rises on higher demand

Jan 30 (Reuters) - Indian automaker Bajaj Auto BAJA.NS reported an 18.7% rise in third-quarter profit on Friday, boosted by stronger exports and higher domestic sales of its two-wheelers.

The Pulsar motorcycle maker's profit rose to 25.03 billion rupees ($272.3 million) for the quarter ended December 31, compared to 21.09 billion rupees, a year before.

Analysts, on average, expected a profit of 25.07 billion rupees.

($1 = 91.9320 Indian rupees)

(Reporting by Meenakshi Maidas and Urvi Dugar in Bengaluru; Editing by Harikrishnan Nair)

((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))

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