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Bajaj Auto reports 25% rise in total wholesales in March

Bajaj Auto had sold 2,91,567 two-wheelers and commercial vehicles in March 2023, according to a company statement.

Published on: Apr 2, 2024, 12:46:15 IST
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Bajaj Auto Ltd on Tuesday reported 25 per cent year-on-year growth in its total vehicle wholesales, including exports at 3,65,904 units in March.

Bajaj Auto is developing world's first CNG-powered motorcyle
Bajaj Auto is developing world's first CNG-powered motorcyle

The Pune-based automaker had sold 2,91,567 two-wheelers and commercial vehicles in March 2023, according to a company statement.

Total domestic sales (including commercial vehicles) rose 18 per cent at 2,20,393 units in the last month compared to 1,86,522 units sold in the same month last year.

Read more: Bajaj Auto share price rises 2% as sales jump 25% in March. Should you buy?

Total exports during the month under review rose 39 per cent at 1,45,511 units from 1,05,045 vehicles shipped out to overseas markets in March last year, according to the statement.

For the fiscal ended March 31, 2024, the company reported wholesales of 4,350,933 units, an 11 per cent increase over 3,927,857 units in the 2022-23 fiscal.

Exports however declined 10 per cent last fiscal at 1,636,210 units from 1,821,240 units of two-wheelers and commercial vehicles in FY23.

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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