Bajaj Auto's total sales jump 20% to 4.5L units
What's the story
Bajaj Auto has reported a significant 20% increase in its total sales for March, reaching 4,45,377 units. This is an improvement over the 3,69,823 units sold during the same month last year. The company also witnessed a major jump in domestic sales and exports of both two-wheelers and commercial vehicles.
Sales performance
Domestic sales of 2-wheelers and commercial vehicles
Bajaj Auto's domestic sales stood at 2,66,290 units in March, a 20% increase from the year-ago period when it sold 2,21,474 units. The company's two-wheeler segment also saw a similar growth with domestic sales hitting 2,21,021 units in March. This is up from last year's figure of 1,83,659 units for the same month.
Export growth
Two-wheeler exports
Bajaj Auto also reported a 21% increase in its two-wheeler exports for March. The company exported 1,59,452 units last month, compared to 1,32,073 units during the same period last year. This growth highlights the company's strong presence in the global market and its ability to meet international demand for its products.
Commercial vehicle sales
Commercial vehicle segment
Bajaj Auto's commercial vehicle segment witnessed a 20% growth in March with total sales reaching 64,904 units. This is an improvement over last year's figure of 54,091 units for the same month. Domestic sales of commercial vehicles stood at 45,269 units against last year's figure of 37,815 units for March.