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Bajaj Auto reports 1% rise in April sales

04 May 2015 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer has registered marginal rise of 1% in total sales to 3,36,274 units in April 2015 against 3,31,529 units in April 2014. The sales of the motorcycles decreased by 5% and stood at 2,85,791 units in the month under review against 2,99,636 units in April2014. However, the company has reported 58% surge in Commercial Vehicles sales which stood at 50,483 units as compared to 31,893 units in month of April 2014.

Meanwhile, the company’s total exports out of the above stood at 1,61,598 units, a rise of 7% as compared to 1,50,714 units sold in the corresponding month last year.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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