Bajaj Auto

Bajaj Auto reports fall of 2% in total sales in March to 291,567 units

Bajaj Auto Ltd on Wednesday reported 2 per cent decline in total sales at 2,91,567 units in March as against 2,97,188 in the same month last year. Total domestic sales grew 47 per cent at 1,86,522 units last month from 1,26,752 in March 2022, Bajaj Auto said in a statement. Exports stood at 1,05,045 units as compared to 1,70,436 units in the year-ago month, down 38 per cent. Overall two-wheeler sales were at 2,47,002 units as against 2,56,324 units in the same month a year ago, down 4 per cent, the company said. Commercial vehicles sales were up 9 per cent at 44,565 units last month, compared to 40,864 units in March 2022. Bajaj Auto said, in fiscal year 2022-23, its total sales declined 9 per cent to 39,27,857 units from 43,08,433 units in 2021-22.

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The apartment is part of a sea-view luxury triplex apartment located in South Mumbai's Malabar Hill

Bajaj Auto sales dip 11% in Feb to 280,226 units on account of export woes

Bajaj Auto on Wednesday said its total wholesales declined by 11 per cent year-on-year to 2,80,226 units in February. The Pune-based company had dispatched 3,16,020 units to its dealers in February 2022. In a regulatory filing, the company said its total domestic sales increased by 36 per cent to 1,53,291 units last month, as compared with 1,12,747 units in the year-ago period. Exports, however, declined 38 per cent last month at 1,26,935 units, as against 2,03,273 units in February 2022. Two-wheeler wholesales in the domestic market rose 25 per cent to 1,20,335 units, as compared to 96,523 units in the year-ago period. Two-wheeler exports, however, dipped 37 per cent to 1,15,021 units, from 1,82,814 units in February last year. Total two-wheeler dispatches in the domestic market declined by 16 per cent to 2,35,356 units last month, as compared to 2,79,337 units in the year-ago period. Total commercial vehicle wholesales rose 22 per cent to 44,870 units from 36,683 units in Feb

Bajaj Auto slips over 4% on concerns of weak export sales

Analysts believe that exports are likely to remain under pressure in \near term, owing to weak macros, adverse currency movements and dollar availability issues in Africa, South Asia and Latin America

Bajaj Auto total vehicle sales fall 21% to 285,995 units in January

Bajaj Auto Ltd total vehicle sales fell 21 per cent at 2,85,995 units in January. The company's vehicle sales stood at 3,63,443 units in the year-ago period. Total domestic sales rose 16 per cent to 1,73,270 units in the previous month as against 1,49,656 units in January 2022. Exports declined 47 per cent year-on-year at 1,12,725 units, according to a company statement. Bajaj Auto had shipped out a total of 2,13,787 vehicles to various overseas markets in January 2022. Total two-wheeler sales dropped 25 per cent at 2,41,107 units in January 2023 compared to 3,23,430 vehicles sold in the same month previous year, with domestic sales rose 4 per cent at 1,40,428 units and exports declining a whopping 46 per cent at 1,00,679 during the period under review over 2022, as per the statement.

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Weak exports remain an overhang in the near term for Bajaj Auto

Strong realisations helped the company beat estimates in Q3

Domestic demand drives Bajaj Auto's small profit growth; net up by 3%

On a standalone basis, the company's net profit was up 23 per cent to Rs 1,491 crore

Bajaj Auto Q3 net profit up 3% at Rs 1,473 cr on back of sales growth

Bajaj Auto on Wednesday said its consolidated net profit increased 3 per cent to Rs 1,473 crore in the third quarter ended December 31, 2022, aided by sales growth in the domestic market. The Pune-based company had reported a net profit of Rs 1,430 crore for October-December period a year ago. Total revenue from operations rose to Rs 9,319 crore in the quarter under review from Rs 9,022 crore in the year-ago period. The company said its total sales across domestic and export markets stood at 9,83,276 units in the third quarter as compared with 11,81,361 units in the same period last fiscal, a dip of 17 per cent. In the domestic market, the company reported sales of 5,44,188 units, up 4 per cent from 5,23,299 units in the year-ago period. Exports, however dropped 33 per cent to 4,39,088 units as against 6,58,062 units in October-December period of last fiscal. "On exports, macro-economic challenges continue to subdue industry volumes across overseas geographies. While the company

Sensex slumps 774 pts, Nifty ends below 17900; Auto, FMCG stocks outshine

Stock market LIVE: As per rollover data, the Nifty index has, so far, witnessed rollover in-line with the last three months' averages. However, slight declines in roll cost indicates a capped upside

Weak volumes may contract Bajaj Auto's Q3 revenues up to 13% QoQ: Analysts

Bajaj Auto Q3 preview: As per brokerage estimates, the auto major is expected to report marginal improvement in EBITDA margins on a sequential basis to 17.4 per cent in Q3FY23

Two-wheeler sales growth muted in Dec on dull rural demand, high inflation

Top-5 players post a combined sales growth of just 3% YoY; experts expect recovery to take some time

Bajaj Auto sales dip 22% to 281,486 units in Dec 2022, exports down 36%

Bajaj Auto Ltd on Monday reported a 22 per cent decline in total sales to 2,81,486 units in December 2022. The company posted a total sales of 3,62,470 units in December 2021, Bajaj Auto said in a statement. The two-wheeler sales slipped 23 per cent to 2,47,024 units from 3,18,769 units in the year-ago month, it added. In the domestic market, two-wheeler sales dipped 2 per cent to 1,25,525 last month compared to 1,27,593 units in December 2021. Exports of two-wheelers stood at 1,21,499 units against 1,91,176 units a year ago, down 36 per cent. Commercial vehicle sales were also down 21 per cent at 34,462 units against 43,701 units in December 2021. In the domestic market, commercial vehicle sales rose 25 per cent to 23,030 units from 18,386 units in the same month the previous year, the company said. However, exports of commercial vehicles declined 55 per cent to 11,432 units in December 2022 compared to 25,315 units in the year-ago month, Bajaj Auto said.

Move to block Rs 1,100 crore subsidy for EV players arbitrary, says SMEV

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

RBI Policy: Time to be selective in rate sensitives; keep DLF, SBI on radar

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Bajaj Auto total sales in November decline 19% YoY to 306,552 units

Bajaj Auto on Thursday reported a 19 per cent decline in total sales at 3,06,552 units in November, compared to 3,79,276 units in the same month a year ago. Total sales in the domestic market stood at 1,52,716, down 4 per cent from 1,58,755 units in the same month last year, the company said in a regulatory filing. Bajaj Auto said its exports last month were down 30 per cent at 1,53,836 units, as against 2,20,521 units in the same month last year.

Three-wheelers take charge in auto industry's electrification race

Over half all three-wheeler registrations are of electric vehicles; Surge in e-rickshaws puts category miles ahead of two-wheelers

Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%

CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.

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Bajaj Auto eyes south east Asia to take e-scooter space by storm

Bajaj's presence in this market in ICE vehicles has been limited till now because the region is essentially a step-through two-wheeler and scooter market