Bajaj Auto Feb sales decline 16% YoY

2 Mar 2022 , 09:45 AM

The companys total domestic sales declined 32% year on year to 1,12,747 units while total exports fell 3% year-on-year to 2,03,273 units in February 2022.

Bajaj Autos total two-wheeler sales fell 16% to 2,79,337 units while total commercial vehicles sales declined 14% to 36,683 units in February 2022 over February 2021.

Bajaj Auto is ranked as the worlds fourth largest three and two-wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia.

On a consolidated basis, the auto makers net profit declined 16.70% to Rs 1429.68 crore on 0.86% rise in net sales to Rs 8805.50 crore in Q3 FY22 over Q3 FY21.

Shares of Bajaj Auto were trading 4.27% lower at Rs 3,380 on BSE.

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