MoneyWorks4Me

Bajaj Auto reports 11% fall in March sales

03 Apr 2017 Evaluate

Bajaj Auto has registered a fall of 10.99% in total sales to 2,72,197 units in March 2017 against 3,05,800 units in March 2016. The company’s total exports out of the above stood at 1,02,918 units, marginal rise of 1.38% as compared to 1,01,519 units sold in the corresponding month last year.

The sales of the motorcycles decreased by 7.58% and stood at 2,44,235 units in the month under review against 2,64,249 units in March 2016. However, the company has reported 32.70% fall in Commercial Vehicles sales, which stood at 27,962 units as compared to 41,551 units in month of March 2016.

Bajaj Auto 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 9790.00
TVS Motor Company 3934.85
Hero MotoCorp 5019.35
Eicher Motors 6982.05
OLA Electric Mobilit 36.12
View more..