Bajaj Auto Ltd.

Bajaj Auto, the country’s second largest two-wheeler maker’s monthly sales (excluding exports) for May 2012 dipped by 2% at 3,52,219 units against 3,58,849 in the same month last year. However, the exports for the month rose 3% and the numbers of units sold were 1,30,573 units against 1,26,818 in the same period last year.

On the standalone basis, the company has posted a fall of 44.87% in its net profit at Rs 772.0 crore for the quarter ended March 31, 2012 as compared to Rs 1400.39 crore for the same quarter in the previous year. However, total income has increased by 11.39% at Rs 4790.93 crore for quarter under review as compared to Rs 4300.94 crore for the quarter ended March 31, 2011.