The new Avenger Street 160 has a single channel ABS along with a roadster design headlamp with LED DRLs, new graphics with larger insignia, black alloy wheels and rubberised rear grab, Bajaj Auto said in a statement.

The new Dominar 400 comes with a liquid cooled 373.3cc engine that delivers significantly higher 40 PS power, up from 35 PS in the previous generation, the company said in a statement.

The company's motorcycle sales were up 10 per cent at 3,27,985 units, against 2,97,514 units during the same period a year ago, Bajaj Auto said in a BSE filing.

Motorcycle sales grew 21 per cent to 3,50,460 units in January 2019 against 2,88,936 units in January 2018, the company said in a BSE filing.

Following a decline of 370 bps in Ebitda margins at 15.6% in the October-December quarter, analysts at Jefferies have trimmed the Ebitda estimates for the next two years by 5-8%. “We cut Ebitda estimates over FY19-21E by 5-8% mainly to reflect weaker gross margins,” they wrote.

Operating profit declined 2% at Rs1,223 crore, which was below estimates, while margin came in at 17.2% against 20.6% in the same quarter a year ago.

Profit rose to Rs 1,102 crore ($154.72 million) for the three months ended Dec. 31, compared with Rs 952 crore a year earlier.

Commenting on company’s journey, Rajiv Bajaj, Managing Director, said, “Our international performance is validation of our strategy of focus and differentiation.