Bajaj Auto’s total March volume up 25% YoY; FY24 sales grow 11%

The automaker despatched a total of 365,904 vehicles, including two-wheelers and commercial vehicles, in March, while it despatched 43.51 lakh vehicles during the financial year 2023-24.

Autocar Pro News Desk By Autocar Pro News Desk calendar 02 Apr 2024 Views icon4722 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Bajaj Auto’s total March volume up 25% YoY; FY24 sales grow 11%

Bajaj Auto registered 25 percent on-year growth in its total sales during March, while the automaker clocked an 11 percent growth in sales during the full financial year 2024.

The Pune-based company despatched a total of 365,904 vehicles, including two-wheelers and commercial vehicles, in March, versus 291,567 vehicles in the year-ago period.

Total two-wheeler sales grew 27 percent on year to 313,885 units, while commercial vehicle sales rose 17 percent to 52,019 units during the month.

Two-wheeler sales were fuelled by both domestic volumes and exports. Domestic sales were 20 percent higher at 183,004 units, while exports gained 38 percent to 130,881 units.

Bajaj Auto also saw robust improvement in its commercial vehicle exports, which jumped 42 percent on year to 14,630 units. Domestic sales of commercial vehicles also grew 9 percent to 37,389 units.

In the full financial year 2023-24, the automaker despatched a total of 43.51 lakh vehicles, against 39.28 lakh vehicles in the comparable year-ago period. Total two-wheeler sales increased by 8 percent to 37.28 lakh units, while total commercial vehicle sales grew 28 percent to 6.23 lakh units.

 

Tags: Bajaj Auto
RELATED ARTICLES
Hyundai India IPO: Raises Rs 8,315 crore from 225 anchor investors

auther Autocar Pro News Desk calendar14 Oct 2024

The automaker finalised the allocation of 4.2 crore equity shares to anchor investors for Rs 1,960 per share, at the upp...

The pre-facelift Nissan Magnite gets a discount of up to Rs 60,000

auther Autocar Pro News Desk calendar14 Oct 2024

Pre-facelift Magnite gets discounts on both 1.0-litre NA petrol and turbo-petrol engine options.

Govt mulls roadmap for ethanol blending in petrol beyond 20%, says Oil Minister

auther Autocar Pro News Desk calendar14 Oct 2024

The government had earlier committed to 20% ethanol blending in petrol by 2030, but later advanced the target to 2025-26...