Bajaj Auto reports 25% rise in total wholesales in March
Bajaj Auto reported robust sales in March, driven by a significant recovery in export sales. Total sales surged by 25% year-on-year to 3.65 lakh units, compared to 2.91 lakh units in the same month last year.
Domestic sales saw an 18% YoY increase to 2.2 lakh units, while export sales soared by 39% YoY to 1.45 lakh units. Bajaj Auto, known for manufacturing motorcycles, commercial vehicles, and electric two-wheelers, posted a standalone net profit growth of 36.91% to Rs 2,041.88 crore, with a 30.04% rise in revenue from operations to Rs 12,113.51 crore in Q3 FY24 compared to Q3 FY23.
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