Bajaj in December 2023, witnessed a surge in domestic sales by 28.49 per cent, reaching 1,90,919 units, while exports experienced a 2.22 per cent increase, totaling 1,35,887 units compared to December 2022.
During this period, the company sold 2,83,001 units of 2-wheelers, marking a 14.55 per cent YoY increase, and 43,805 units of commercial vehicles, showing a 27.11 per cent YoY rise.
Bajaj Auto focuses on developing, manufacturing, and distributing various automobiles like motorcycles, commercial vehicles, electric two-wheelers, and related components.
In Q2 FY24, the company saw a consolidated net profit rise by 17.5 per cent to Rs 2,020.05 crore, compared to Rs 1719.44 crore in Q2 FY23. Net sales in Q2 FY24 witnessed a 6.8 per cent YoY increase, reaching Rs 10,584.67 crore.
