Bajaj Auto, the 2 and three-wheeler producer, on Monday reported a complete gross sales of three,26,806 models within the month of December 2023, registering a development of 16% from 2,81,514 models offered in December 2022.
The corporate’s home gross sales final month elevated 28 % to 1,90,919 models from 1,48,583 models, year-on-year (YoY). Whole exports throughout the month rose 2% to 1,35,887 models as in opposition to 1,32,931 models, YoY.
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Within the two-wheeler phase, Bajaj Auto’s whole wholesales have been 2,83,001 models, up 15% from 2,47,052 models.
The corporate offered 1,58,370 models of two-wheeler within the home market, a development of 26% from 1,25,553 models, YoY. Exports of two-wheelers elevated 3% YoY to 1,24,631 automobiles.
In December 2023, Bajaj Auto’s industrial automobile gross sales jumped 27% to 43,805 models from 34,462 models in December 2022. This was led by 41% development in home gross sales at 32,549 models. Exports of business automobiles decreased 2% YoY to 11,256 models.
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For the entire yr 2023, the corporate’s whole gross sales elevated 7% to 32,82,357 models from 30,68,129 models in 2022.
Bajaj Auto’s home wholesale in 2023 spiked 29% to twenty,57,393 automobiles from 15,91,594 automobiles offered in 2022. Exports for the yr declined 17% YoY to 12,24,964 models.
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Bajaj Auto share worth has rallied over 33% prior to now three months, whereas the inventory is up greater than 86% in a single yr.
At 9:35 am, Bajaj Auto shares have been buying and selling 0.47% decrease at ₹6,769.30 apiece on the BSE.
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Printed: 01 Jan 2024, 09:36 AM IST
