Bajaj Auto Limited reported impressive volume growth in Q2 FY25, with a significant 16% increase in overall sales compared to Q2 FY24. Both domestic and export segments showed strong performance, particularly in two-wheelers and commercial vehicles (CVs). Here’s a breakdown of the company’s volume performance for the quarter:
Key Highlights (Q2 FY25 vs Q2 FY24):
- Domestic Sales: Bajaj Auto’s domestic volumes surged by 22% YoY to 7,76,711 units, up from 6,37,556 units in Q2 FY24.
- Two-Wheelers: Domestic two-wheeler sales increased by 26% YoY to 6,36,801 units, compared to 5,05,320 units in Q2 FY24.
- Commercial Vehicles (CVs): Domestic CV sales saw a 6% rise YoY, reaching 1,39,910 units, up from 1,32,236 units in the same period last year.
- Export Sales: Export volumes grew by 7% YoY to 4,44,793 units, compared to 4,16,397 units in Q2 FY24.
- Two-Wheelers: Export of two-wheelers was up 5% YoY, with 3,96,407 units sold, compared to 3,76,263 units in Q2 FY24.
- Commercial Vehicles (CVs): Export of CVs rose significantly by 21% YoY, reaching 48,386 units compared to 40,134 units last year.
- Total Sales: Bajaj Auto’s total sales (domestic + exports) reached 12,21,504 units, up 16% from 10,53,953 units in Q2 FY24.
- Two-Wheelers (Total): Sales of two-wheelers increased by 17% YoY, reaching 10,33,208 units compared to 8,81,583 units last year.
- Commercial Vehicles (Total): CV sales grew by 9% YoY to 1,88,296 units, up from 1,72,370 units in Q2 FY24.
Half-Yearly Performance (H1 FY25 vs H1 FY24):
- Domestic Sales: Domestic sales for H1 FY25 stood at 14,67,332 units, a 15% rise compared to 12,79,112 units in H1 FY24.
- Two-Wheelers (Domestic): 12,19,298 units sold, up 16% YoY from 10,48,251 units.
- CVs (Domestic): 2,48,034 units sold, up 7% YoY from 2,30,861 units.
- Export Sales: Export volumes for H1 FY25 reached 8,56,228 units, a 7% growth compared to 8,02,248 units in H1 FY24.
- Two-Wheelers (Exports): 7,64,827 units sold, up 6% YoY from 7,22,662 units.
- CVs (Exports): 91,401 units sold, up 15% YoY from 79,586 units.
- Total Sales (H1 FY25): Bajaj Auto’s total sales for H1 FY25 increased by 12% YoY to 23,23,560 units, compared to 20,81,360 units in H1 FY24.
- Two-Wheelers (Total): 19,84,125 units sold, a 12% increase from 17,70,913 units.
- CVs (Total): 3,39,435 units sold, up 9% YoY from 3,10,447 units.
Conclusion:
Bajaj Auto’s volume growth in Q2 FY25 reflects the company’s strong market positioning, driven by its expanding portfolio of two-wheelers and commercial vehicles. The company’s domestic sales, particularly in two-wheelers, saw robust demand, while export markets continued to recover. This consistent performance is setting the stage for sustained growth in the coming quarters.
The overall 16% YoY growth in total sales volume for Q2 FY25 further underscores Bajaj Auto’s ability to navigate market challenges and capitalize on demand across segments.
