Bajaj Auto Ltd. reported a significant 20% increase in total sales for September 2024, reaching 4,69,531 units compared to 3,92,558 units in September 2023.
Key Sales Highlights:
- 2-Wheelers: Total sales grew by 22% YoY, with domestic sales rising by 28% to 2,59,333 units and exports up by 13% to 1,41,156 units.
- Commercial Vehicles: Domestic sales saw a modest 4% increase to 52,554 units, while exports grew by 16%, reaching 16,488 units. The overall commercial vehicle sales increased by 6% to 69,042 units.
Year-to-Date (Apr-Sep 2024) Performance:
- Total Sales: Bajaj Auto saw a 12% increase, with total sales reaching 23,23,560 units.
- 2-Wheelers: Domestic sales rose by 16% to 12,19,298 units, while exports increased by 6% to 7,64,827 units.
- Commercial Vehicles: Domestic sales grew by 7%, reaching 2,48,034 units, and exports increased by 15% to 91,401 units.
This positive performance indicates steady growth for Bajaj Auto across both domestic and international markets for its 2-wheeler and commercial vehicle segments.