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Bajaj Auto reports 10% fall in October sales

01 Nov 2022 Evaluate

Bajaj Auto has reported fall of 10% in total sales to 3,95,238 units in October 2022 as against 4,39,615 in the same month last year. Total domestic sales increased by 11% to 2,42,917 units in October 2022 as compared to 2,18,565 units in October 2021. However, total export sales decreased by 31% to 1,52,321 units in October 2022 as compared to 2,21,050 units in October 2021.

Total domestic two-wheeler sales were up by 4% at 2,06,131 units as compared to 1,98,738 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 36,786 units in October 2022 as against 19,827 units in October 2021, registering a rise of 86%.

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 10032.25
TVS Motor Company 3962.00
Hero MotoCorp 5077.25
Eicher Motors 7050.00
OLA Electric Mobilit 29.61
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