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Bajaj Auto reports 21% fall in January sales

01 Feb 2023 Evaluate

Bajaj Auto has reported fall of 21% in total sales to 2,85,995 units in January 2023 as against 3,63,443 in the same month last year. Total domestic sales increased by 16% to 1,73,270 units in January 2023 as compared to 1,49,656 units in January 2022. Total export sales decreased by 47% to 1,12,725 units in January 2023 as compared to 2,13,787 units in January 2022.

Total domestic two-wheeler sales were up by 4% at 1,40,428 units as compared to 1,35,496 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 32,842 units in January 2023 as against 14,160 units in January 2022, registering a rise of 132%.

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 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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