Indian auto major, Bajaj Auto has reported an increase of 19 per cent in third quarter of the year backed by an increase in sales and improved export figures.

The country's second-biggest twowheeler maker’s net profit rose to Rs 795 crore in the quarter till December compared to Rs 667 crore in the same period of the previous year. The company’s total sales volumes rose 14 per cent to 10.75 lakh units compared to 9.46 lakh units.

The sales in the motorcycle segment grew 13 per cent to 9.46 lakh units compared to 7.49 lakh units in the third quarter of 2010. the company said that it has recorded higher sales in the quarter but faced pressure in November 2011.

"Sales during the festive season was satisfactory. However, industry sales witnessed a slowdown end-November," it said.

The revenue for the company in the third quarter rose 22 per cent Rs 4,840 crore against Rs 3,980 crore in the same period of the previous year. The company has said that it is likely to exceed its export target of 15 lakh units in the current fiscal year. The company more than 35% of its products to international markets and it had exported about 12 lakh units in the previous financial year.