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Bajaj Auto reports 22% rise in March sales

04 Apr 2016 Evaluate

Bajaj Auto, the second-largest motorcycle manufacturer has registered rise of 22% in total sales to 305,800 units in March 2016 against 250,604 units in March 2015. The sales of the motorcycles increased by 26% and stood at 2,64,249 units in the month under review against 2,09,937 units in March 2015. Moreover, the company has reported 2% rise in Commercial Vehicles sales, which stood at 41,551 units as compared to 40,667 units in month of June 2014. The company’s total exports out of the above stood at 1,01,519 units, a rise of 3% as compared to 98,703 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 10020.00
TVS Motor Company 3988.00
Hero MotoCorp 5074.80
Eicher Motors 7050.00
OLA Electric Mobilit 35.96
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