Bajaj Auto has posted 3-fold rise in Q3 FY10 profits. Its total operating revenues increased 56.7% year on year to Rs 3,295.55 crore, helped by the low base of last year and higher sales volume. Volumes increased by nearly 64% to 8,09,218 units. However, average price realization per vehicle fell by 3.6%, as the product mix tilted towards 100cc bikes. Operating profit margins improved by 741 basis points to 21.95%, helped by soft raw material prices and lower expenditure of advertisement and promotion. Commendably, the company managed to maintain margins at 21% sequentially despite a drop in price realizations. At net level, profit rose 185.9% year on year and 17.9% on a sequential basis to Rs 475.1 cr.