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Bajaj Auto reports marginal fall in March sales

05 Apr 2023 Evaluate

Bajaj Auto has reported marginal fall of 2% in total sales to 2,91,567 units in March 2023 as against 2,97,188 in the same month last year. Total export sales decreased by 38% to 1,05,045 units in March 2023 as compared to 1,70,436 units in March 2022. However, total domestic sales increased by 47% to 1,86,522 units in March 2023 as compared to 1,26,752 units in March 2022.

Total domestic two-wheeler sales were up by 42% at 1,52,287 units as compared to 1,07,081 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 34,235 units in March 2023 as against 19,671 units in March 2022, registering a rise of 74%.

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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