Bajaj Auto’s higher exports drive September quarter show
3 years, 1 month ago

Bajaj Auto’s higher exports drive September quarter show

Live Mint  

Bajaj Auto Ltd reported robust performance for the September quarter, boosted by export volumes. Overall CV volumes grew 29% year-on-year helped by 8% growth in exports and 88% y-o-y growth in domestic sales. Raw material costs at 74.9% of sales were much higher than 73% of sales in Q1 and 70.7 % of sales in the year-ago quarter. The impact is more profound on the entry-level two-wheeler segment and the positive is that Bajaj Auto has a higher presence in segments above the entry level.

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History of this topic

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga
1 week ago

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga

Live Mint  

Automaker Maruti Suzuki has reached a significant production milestone, becoming the first original equipment manufacturer in India to produce two million vehicles in a single calendar year, reported ANI. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, highlighted the achievement as a reflection of India's growing manufacturing capabilities and the company’s commitment to the 'Make in India' initiative. …

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand
Trending News
2 weeks, 1 day ago

Auto Retail Sales Up 11.21 PC in Nov on Robust 2-Wheeler Demand

Deccan Chronicle  

Pune: Retail sales of automobiles in India jumped 11.21 per cent on year to 32,08,719 units in November, riding on robust two-wheeler demand, Federation of Automobile Dealers Associations or FADA said on Monday. Sales of two-wheelers soared 15.8 per cent to 26,15,953 units last month, as against 22,58,970 units in November 2023. FADA said the commercial vehicles sales also dropped …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
3 weeks, 5 days ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

Vehicle retail sales rise 12 per cent to 43 lakh units during 42-day festive demand
1 month, 1 week ago

Vehicle retail sales rise 12 per cent to 43 lakh units during 42-day festive demand

Deccan Chronicle  

Pune: The total vehicle retail sales during the 42-day festive period this year jumped 12 per cent, reaching 42.88 lakh units as against 38.37 lakh units last year, the Federation of Automobile Dealers Associations or FADA said on Friday. "We witnessed a remarkable surge in numbers since the beginning of Navratri, nearly hitting our forecasted target with vehicles registered during …

Passenger vehicle, two-wheeler sales hit new high in October: Siam
1 month, 1 week ago

Passenger vehicle, two-wheeler sales hit new high in October: Siam

Deccan Chronicle  

Pune: Both passenger vehicles and two-wheelers wholesales hit a new high in October, driven by strong festive season demand, the Society of Indian Automobile Manufacturers SIAM data on Wednesday revealed. While passenger vehicle sales stood at 3,93,238 units, up 0.9 per cent from 3,89,714 units, the best ever in the month, SIAM said. Passenger Vehicles posted its highest ever sales …

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more
2 months, 3 weeks ago

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Maruti Suzuki India recorded total sales of 1.84 lakh units in September 2024, marking a 1.9 percent year-on-year increase. While total domestic sales declined by 1.15 percent to 1.57 lakh units, passenger vehicle sales dropped by 3.9 percent to 1.45 lakh units. Eicher Motors saw an …

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise
2 months, 3 weeks ago

Bajaj sold over 4 lakh two-wheelers in September, domestic sales rise

Hindustan Times  

Bajaj Auto has reported a significant rise in the sales of its two-wheelers for September 2024, with domestic sales increasing by 28 per cent year-on-year. Bajaj Auto's strong market performance in September 2024 highlights significant growth in two-wheeler and commercial vehicle sales, driven by domestic and export demand. The overall sales of Bajaj's commercial vehicles, including both domestic and export …

Auto sales rise 14% in July, historic high inventory level causes concern: FADA
4 months, 2 weeks ago

Auto sales rise 14% in July, historic high inventory level causes concern: FADA

The Hindu  

The Indian auto retail sector witnessed a double digit growth of 13.84% Year on Year in July 2024 backed by a robust 17.17% YoY growth in Two-Wheelers sales. “It is also crucial for the Reserve Bank of India to mandate financial institutions to implement stringent checks before releasing inventory funding, preferably requiring dealer consent or collaterals to prevent the escalation …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 1 week ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16
5 months, 1 week ago

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16

Live Mint  

The earnings season has begun for Q1 FY25 and many companies including TCS, SpiceJet, Jio Financial Services have already announced their quarterly results. Q1 results today On July 16, these companies are scheduled to announce their quarterly results: Alok Industries, Agro Tech Foods, Atishay, Bajaj Auto, Aditya Birla Money, BMW Industries, Century Textiles and Industries, Crisil, Capital Trade Links, D …

Automobile exports from India rise 15.5 per cent in Q1
5 months, 1 week ago

Automobile exports from India rise 15.5 per cent in Q1

India TV News  

Automobile exports from India increased 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 1,52,156 units in the same period last year. Two-wheeler exports stood at 9,23,148 …

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead
5 months, 2 weeks ago

Industry experts predict favourable outlook for auto industry, two-wheelers expected to lead

Live Mint  

The Indian automotive industry has had a moderately positive beginning to the financial year, led by consumer sentiments and seasonal festivities. In Q1, CV dispatches grew in the mid-single digits owing to election year and lower business activity in tipper sales, with much of the growth driven by the M&HCV high tonnage vehicle and bus categories. Although overall production and …

EV sales in India to go up by 40 per cent to 1.75 million units in FY 2024
6 months, 1 week ago

EV sales in India to go up by 40 per cent to 1.75 million units in FY 2024

India TV News  

India's Electric Vehicle sales have reportedly grown by 17,52,406 units in FY 2023-24, stating a growth of 40.31 per cent on a Year-on-Year basis. The electric car segment sales have reportedly shot up by 82 per cent on a YoY basis, which further registering sales of 99,085 units in FY 2024. Electric bus sales soared to 3,708 units in FY2024 …

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki
6 months, 2 weeks ago

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki

Hindustan Times  

Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years, with Maruti Suzuki India accounting for nearly 70% of the incremental shipments during the period, PTI reported. Maruti Suzuki contributed nearly half of overall car sales in India in 2023 As per the industry data, passenger vehicle exports in the financial year 2020-21 stood …

India’s Auto Retail Clocks Robust 27% Growth in April
7 months, 2 weeks ago

India’s Auto Retail Clocks Robust 27% Growth in April

Deccan Chronicle  

Pune: The automobile retail sales surged 27 per cent in April, the first month of this fiscal, to 2.2 million units compared to the year before, the Federation of Automobile Dealers Associations or FADA said on Wednesday. “The passenger vehicle category experienced double-digit year-on-year growth, supported by enhanced model availability and favourable market sentiments, particularly around festive events like Navratri …

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body
8 months, 1 week ago

Two-wheeler sales yet to reach pre-Covid 19 levels, says auto industry body

Hindustan Times  

Passenger vehicles wholesales in India have touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent, industry body Society of Indian Automobile Manufacturers said. The vehicle sales across the categories surged by 12.5 per cent to 2,38,53,463 units in the period under review On the other hand, the overall passenger …

Bajaj Auto share price rises 2% as sales jump 25% in March. Should you buy?
8 months, 3 weeks ago

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

Hindustan Times  

Bajaj Auto share price: Shares of Bajaj Auto gained over 2 per cent today as the two-wheeler company clocked a 25 per cent jump in March sales. Bajaj Auto share price: Shares of Bajaj Auto rose 2.21 per cent to hit a high of ₹ 9,241.25 on BSE. Shares of Bajaj Auto rose 2.21 per cent to hit a high …

Bajaj Auto trademarks point to CNG motorcycles and more
9 months, 1 week ago

Bajaj Auto trademarks point to CNG motorcycles and more

Live Mint  

In recent weeks, Bajaj Auto, a prominent player in India's two-wheeler market, has made strategic moves by trademarking four distinct names, sparking speculation about multiple upcoming products. While the specific application of these trademarks remains undisclosed, media reports suggest that one of these names could potentially be associated with Bajaj's groundbreaking venture into the realm of Compressed Natural Gas motorcycles. …

How DriveX is Revolutionizing the Pre-Owned Two-Wheeler Market in India
9 months, 3 weeks ago

How DriveX is Revolutionizing the Pre-Owned Two-Wheeler Market in India

Deccan Chronicle  

New Delhi: In the bustling lanes and vibrant markets of India, the quest for a reliable and good quality used two-wheeler has often been fraught with challenges. However, DriveX has emerged as a disruptor in this space, redefining the contours of customer experience in the used two-wheeler market by offering an OEM like experience. This focus on quality and trust …

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January
10 months, 1 week ago

Passenger vehicle wholesales surge 14 per cent YoY to 3.93 lakh units in January

India TV News  

Domestic passenger vehicle wholesales surged by 14 per cent year-on-year to 3,93,074 units last month, marking the best-ever performance for January according to the Society of Indian Automobile Manufacturers. Two-wheeler wholesales also witnessed significant growth, rising by 26 per cent to 14,95,183 units last month, compared to 11,84,376 units in January of the previous year. Vinod Aggarwal, President of SIAM, …

Entry-level cars below ₹5 lakh witness a sharp decline in demand
10 months, 1 week ago

Entry-level cars below ₹5 lakh witness a sharp decline in demand

Hindustan Times  

The demand for entry-level cars priced below ₹5 lakh has sharply declined among Indian customers. Substantial increase in the price of entry-level cars During the past five years, the prices of cars in the sub- ₹5 lakh segment have experienced a substantial increase of 65 per cent. On the contrary, cars priced between ₹7 to 8 lakh, such as Baleno, …

Auto makers start 2024 on high note, report growth in January sales
10 months, 3 weeks ago

Auto makers start 2024 on high note, report growth in January sales

Hindustan Times  

Automobile makers in the country started the New Year on a positive note with most players across segments reporting higher sales volume in January compared to the same month last year. Maruti Suzuki India's total vehicle sales increased by 15.5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in …

TOP GEAR
11 months, 1 week ago

TOP GEAR

New Indian Express  

BENGALURU: The Indian automobile market roared to new heights in 2023, showcasing a robust growth trend. Recent figures reveal a groundbreaking milestone, with the annual passenger car market soaring past the 40 lakh mark for the first time — a remarkable 8 per cent surge compared to the previous year. Maruti Suzuki, a stalwart in the industry, accounted for nearly …

Passenger vehicle sales reach all-time high in Nov, says Siam
1 year ago

Passenger vehicle sales reach all-time high in Nov, says Siam

Deccan Chronicle  

Pune: Total domestic Indian automobile wholesales, dispatches from factory gates to dealers clocked a robust growth in November on a year-on-year basis, led by festival season sales. The passenger vehicle sales achieved its highest-ever mark in November reaching 3.34 lakh units, a growth of 4 per cent. Three-wheeler wholesale dispatches rose by 31 per cent year-on-year to 59,738 units last …

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far
1 year ago

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far

Live Mint  

Continuing their triumphant run for the 9th successive trading session, Bajaj Auto shares surged to a new historic high of ₹6,039 apiece in today's trading session, surpassing their previous high of ₹5,960 apiece. The stock began today's session at ₹5,969.80 apiece and remained flat throughout the day before gaining substantial momentum in the final hour of trade, breaching the significant …

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally
1 year, 1 month ago

Pakistan logs only 6,200 car sales in Sept, even less than 2% of India’s tally

Hindustan Times  

Car sales in neighbouring Pakistan continue to decline as only around 6,000 cars were sold in September. Representative Image According to Pakistan Automotive Manufacturers Association car sales data for October, only 6200 units were sold in Pakistan, down from September's 8400 units, HT Auto reported. PAMA records indicate a significant 44 per cent decline in sales for the first four …

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore
1 year, 2 months ago

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore

Live Mint  

Bajaj Auto on Wednesday reported a 5.6% rise in second-quarter revenue as price hikes offset weak demand for its motorcycles. Key takeaways from Q2 results Revenue from Operations registers a new high of <10,777 crores Underpinned by double digit volume growth, with the sustained buoyancy on the domestic front cushioning the weak, albeit improving exports performance. At Rs2, 133 crores, …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Entry-level vehicles’ share in PV sales hits record low
1 year, 2 months ago

Entry-level vehicles’ share in PV sales hits record low

Live Mint  

New Delhi: The small car segment, which includes micro and mini cars, saw a record decrease in its share of passenger vehicle sales during the second quarter, pointing towards a notable shift in consumer preferences. The continuous downslide in these large automotive segments which represent a vast majority of the Indian consumer seeking upward social mobility shows that the pick-up …

Automobile retail sales jump 20% in Sept. as demand soars in festive season
1 year, 2 months ago

Automobile retail sales jump 20% in Sept. as demand soars in festive season

The Hindu  

Automobile retail sales in India surged over 20% in September as demand soared across vehicle segments with the onset of festival season, dealer's body FADA said on Monday. Overall automobile registrations rose to 18,82,071 units last month from 15,63,735 units in September 2022, the Federation of Automobile Dealers Associations said in a statement. The year-on-year analysis reveals broad-based growth across …

Investor exuberance in two-wheeler stocks: A risky proposition?
1 year, 3 months ago

Investor exuberance in two-wheeler stocks: A risky proposition?

Live Mint  

Shares of two-wheeler companies are in the fast lane, suggesting a rosy outlook. Despite this, in the past six months, shares of Eicher Motors Ltd, Bajaj Auto Ltd, Hero MotoCorp Ltd and TVS Motor Co. Ltd are up around 16%, 28%, 29% and 42%, respectively. Thirdly, with competition intensifying, more so in the premium segment, there could be a spike …

Bajaj Auto’s subsidiary gets RBI registration for NBFC business
1 year, 3 months ago

Bajaj Auto’s subsidiary gets RBI registration for NBFC business

Live Mint  

Bajaj Auto's subsidiary, Bajaj Auto Consumer Finance, has received the Certificate of Registration from the Reserve Bank of India to start the business of the non-banking finance company, the company informed the stock exchanges in its filing on September 1, according to MoneyControl reports. In the exchange filing, Bajaj Auto said, “We would like to inform you that Bajaj Auto …

Domestic passenger vehicle wholesales rise 2.94% in July: SIAM
1 year, 4 months ago

Domestic passenger vehicle wholesales rise 2.94% in July: SIAM

The Hindu  

Domestic passenger vehicles wholesales registered a 2.94 per cent year-on-year increase in July at 3,02,521 units, the Society of Indian Automobile Manufacturers said on Thursday. As per the latest data issued by SIAM, dispatches of passenger vehicles from manufacturers to dealers were at 2,93,865 units in July 2022. Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against …

Automobile retail sales witness 10% growth in July: FADA
1 year, 4 months ago

Automobile retail sales witness 10% growth in July: FADA

The Hindu  

Auto mobile retail sales in India witnessed a 10% annual growth in July driven by robust sales across passenger vehicles, two-wheelers and commercial vehicles, industry body FADA said on Monday. Total retail sales across segments rose to 17,70,181 units last month, as compared to 16,09,217 units in July 2022. Passenger vehicle sales saw an increase of 4% to 2,84,064 units …

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore
1 year, 5 months ago

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore

Live Mint  

Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June to ₹1,664.77 crore. The company's total revenue from operations rose nearly 29% on year to ₹10,309.77 crores during the quarter ended June from ₹8,004.97 crore in Q1FY23. All businesses contributing to the solid delivery - robust double digit motorcycle …

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs
1 year, 5 months ago

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs

News 18  

India Inc saw just 16 deals amounting to $98 million in the second quarter this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 percent drop in values and 36 percent decrease in volumes, a report showed on Wednesday. The sector recorded a 21 percent growth in domestic sales in FY 2022-23 across …

Indian auto sector sees 92% decline in deal activity amid EV boom
1 year, 5 months ago

Indian auto sector sees 92% decline in deal activity amid EV boom

India TV News  

India Inc saw just 16 deals amounting to $98 million in the second quarter this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 per cent drop in values and 36 per cent decrease in volumes, a report showed on Wednesday. The sector recorded a 21 per cent growth in domestic sales in …

Two-wheelers kick into high gear
1 year, 6 months ago

Two-wheelers kick into high gear

Live Mint  

Two-wheeler auto companies are finally having their moment in the sun, show the wholesale volumes in May. After many months, all the listed two-wheeler companies clocked growth both year-on-year as well as sequentially in their wholesale volumes in May aided by wedding demand. In fact, Hero MotoCorp Ltd even surpassed analysts’ estimates, clocking volume growth of nearly 7% year-on-year. On …

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%
1 year, 6 months ago

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, reported total vehicle sales at 178,083 units in May 2023, registering a rise of 10.32% as compared to 161,413 units sold in the same month last year. In the passenger vehicle segment, the company's domestic sales increased 15.3% to 143,708 units as against 124,474 units, YoY. Among its Mini and …

Bajaj Auto’s May sales beat estimates, but export decline YoY casts shadow
1 year, 6 months ago

Bajaj Auto’s May sales beat estimates, but export decline YoY casts shadow

Live Mint  

Bajaj Auto Ltd. outpaced analysts' projections with its wholesale volume figures in May. The Street responded favourably to this news, with shares of Bajaj Auto trading 1.6% higher in Thursday's morning trade on the National Stock Exchange. In a silver lining, the company’s three-wheeler exports saw a YoY volume increase, following eight successive decreases. However, it augurs well that Bajaj …

Pakistan economic crisis drives massive 84% dip in vehicle sales
1 year, 7 months ago

Pakistan economic crisis drives massive 84% dip in vehicle sales

Hindustan Times  

In Pakistan, the sale of passenger vehicles is on a steeper decline compared to other sectors. The biggest and most obvious reason behind the steep dip in vehicle sales Pakistan is a sustained decrease in demand. Attributing the numbers to Pakistan Automotive Manufacturers Association and local media, the report added that the massive fall has sounded alarm bells in a …

Bajaj Auto Reports Marginal Rise in Q4 Profit
1 year, 7 months ago

Bajaj Auto Reports Marginal Rise in Q4 Profit

News 18  

Bajaj Auto Ltd on Tuesday reported a marginal rise in standalone Profit After Tax at Rs 1,468.95 crore for the three months to March 2023. At the same time, EBITDA maintained its strong run, growing 26 per cent year-on-year to Rs 1,718 crore, with margin accretion of 220 basis points to 19.3 per cent, Bajaj Auto said. While exports progressively …

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales
1 year, 7 months ago

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales

Live Mint  

Two-wheelers and commercial vehicles maker, Bajaj Auto despite witnessing a single-digit drop in PAT due to lower sales, beats Street's estimates for the quarter ending March 31, 2023. From December 2022 quarter where PAT stood much higher at ₹1,491 crore, Bajaj Auto's net profit dipped by nearly 4% in Q4FY23. In its financial report, Bajaj Auto said, domestic motorcycle sales …

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared
1 year, 8 months ago

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared

India Today  

Bajaj Auto today reported a decline of 2% year-on-year in standalone net profit at Rs 1,433 crore for the quarter ended March 2023 as the overall volumes were dragged down by a slip in exports. Standalone particulars Q4 FY23 Q4 FY22 Growth Revenue from operations Rs 8,905 cr Rs 7,975 cr 12% Ebitda Rs 1,718 cr Rs 1,366 cr 26% …

Bajaj Auto likely to post muted performance in Q4 as total volumes decline
1 year, 8 months ago

Bajaj Auto likely to post muted performance in Q4 as total volumes decline

Live Mint  

Two-wheeler and three-wheeler maker Bajaj Auto is likely to report muted performance in the fourth quarter ended as the total volumes declined along with weakness in exports. Bajaj Auto has seen its volumes decline by 12.8 per cent sequentially at 8.6 lakh units during the March quarter, mainly on account of lower exports. “BAL is expected to report a muted …

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets
1 year, 8 months ago

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets

Live Mint  

One pain point for the investors in shares of Bajaj Auto Ltd has been the sombre demand in its export markets. In the month of March, Bajaj Auto’s export volumes in the two-wheeler segment dropped by 36.5% year-on-year. In the three-wheeler segment, Bajaj Auto’s export volumes fell for the seventh consecutive time in March. The two-wheeler export volume share of …

‘Automobile retail sales see double-digit growth in FY23’
1 year, 8 months ago

‘Automobile retail sales see double-digit growth in FY23’

The Hindu  

Automobile retail sales grew in double-digits in the country last fiscal, driven by a record offtake of 36 lakh passenger vehicles, the Federation of Automobile Dealers Associations said on Tuesday. Total retail sales rose to 2,21,50,222 units last fiscal, up 21% from 1,83,27,326 units in FY22. He noted that last fiscal the retail sales of passenger vehicles reached a record …

India’s retail vehicle sales surge by 14% YoY in March, FADA Report
1 year, 8 months ago

India’s retail vehicle sales surge by 14% YoY in March, FADA Report

Live Mint  

According to the latest data from the Federation of Automobile Dealers Associations, retail vehicle sales in India experienced a 14 percent YoY increase in March. The Federation of Automobile Dealers Associations reported that while retail vehicle sales in India saw a 14% YoY increase in March, tractors only grew by 4%. FADA stated that although the two-wheeler segment exhibited yearly …

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March
1 year, 8 months ago

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March

Live Mint  

As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. Total two-wheelers sales grew 5% last month to 3,07,559 units while domestic two-wheeler sales rose 22% to 2,40,780 units. Kia India Automaker Kia India said on Saturday that its sales wholesales had declined by 5% to 21,501 units last …

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