Bajaj Auto Dec sales decline 3% YoY

3 Jan 2022 , 10:06 AM

On a sequential basis, the total auto sales declined by 4.4% as compared with 379,276 units sold in November 2021.

The companys total domestic sales rose 5% to 1,45,979 units while export sales fell 7% to 2,16,491 units in December 2021 as compared with the same period last year.

The companys total 2-wheeler sales declined 6% Y-o-Y (year-on-year) to 3,18,769 units during the month of December 2021. Total commercial vehicle (CV) sales, however, recorded a growth of 29% Y-o-Y to 43,701 units in December 2021.

Shares of Bajaj Auto were trading 0.56% higher at Rs 3,269.05 on BSE.

Bajaj Auto is the worlds third largest manufacturer of motorcycles and the largest manufacturer of three wheelers. It has its manufacturing facilities located at Chakan near Pune, Waluj near Aurangabad, and at Pantnagar in Uttarakhand.

The companys consolidated net profit jumped 70.8% to Rs 2,039.86 crore on a 19.1% surge in net sales to Rs 8,385.78 crore in Q2 FY22 over Q2 FY21.

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