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
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 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.
Bajaj Auto Ltd on Tuesday reported a 10 per cent decline in total sales at 3,95,238 units in October. The company had sold a total of 4,39,615 units in the same month last year, Bajaj Auto Ltd (BAL) said in a statement. Total domestic sales were up 11 per cent at 2,42,917 units last month as against 2,18,565 units in October 2021, it added. However, exports were down 31 per cent at 1,52,321 units as against 2,21,050 units in the year-ago month. Domestic two-wheeler sales grew 4 per cent at 2,06,131 units as compared to 1,98,738 units in the same month a year ago, BAL said. On the other hand, two-wheeler exports declined 29 per cent at 1,35,772 units as against 1,92,565 units in October 2021. Total commercial vehicles sales rose 10 per cent at 53,335 units last month as against 48,312 units in the corresponding period last year. Domestic sales of commercial vehicles grew 86 per cent at 36,786 units as compared to 19,827 units in the same month last year. Exports were, however, do
In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22
Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period
'Upstarts and not start-ups have entered the sector'
Commercial vehicle sales in the domestic market, however, grew by 13 per cent to 8,944 units compared to 7,901 units in the same month last year, Bajaj Auto said
In the domestic market, the total sales declined by 27 per cent to 3,89,155 units as against 5,34,119 units in the same period of FY21
The company took a price increase of 1-1.2 per cent in the third quarter. It expects to take a similar amount in the current quarter
Two-wheeler sales in the world's largest market have been under pressure for the last two years
Bajaj Auto on Friday reported a 16 per cent decline in total domestic sales at 1,92,348 units in September this year, over the year-ago period
Bajaj Auto on Wednesday reported a 5 per cent increase in total sales at 3,73,270 units in August 2021.
Bajaj Auto on Monday reported 44 per cent jump in its total sales at 3,69,116 units in July 2021. The company had sold 2,55,832 units in the same month a year ago. Domestic sales in July this year were at 1,67,273 units as against 1,58,976 units, up 5 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,30,569 units, up 39 per cent, as compared to 2,38,556 units sold in July last year. Total commercial vehicle sales more than doubled to 38,547 units as against 17,276 units in the same month last year, the company said. Exports in July also more than doubled to 201,843 units as against 96,856 units sold in the corresponding month last year, it added.
Covid-induced lockdown dents volumes, erodes margins
Bajaj Auto on Thursday reported 24 per jump in its total sales at 3,46,136 units in June 2021. The company had sold 2,78,097 units in the same month a year ago. Domestic sales in June this year were at 1,61,836 units as against 1,51,189 units, up 7 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,10,578 units, an increase of 22 per cent, as compared to 2,55,122 units sold in June last year. Total commercial vehicle sales were at 35,558 units as against 22,975 units in the same month last year, up 55 per cent, the company said. Exports in June jumped 45 per cent to 1,84,300 units as against 1,26,908 units in the corresponding month last year, it added.
Bajaj Auto has reported 114 per cent growth in its total vehicle sales at 2,71,862 units in May compared to the same month last year
At the bourses, the stock of Bajaj Auto has outperformed both, Nifty50 and Nifty Auto indices, on the National Stock Exchange on a year-to-date (YTD) basis, ACE Equity data show
The Pune-based company, at the end of fiscal 2020, had cash and cash equivalent of Rs 13,972 crore.
Bajaj Auto on Monday reported 6 per cent rise in total sales at 3,75,017 units in February, as against 3,54,913 units in the same month last year.