February 28, 2021

Bajaj Auto studies 31% drop in June gross sales

NEW DELHI: Bajaj Auto on Thursday reported a 31 per cent decline in its complete gross sales at 2,78,097 models in June as in opposition to 4,04,624 models in the identical month final yr.

Home gross sales declined by 34 per cent at 1,51,189 models final month as in comparison with 2,29,225 models in June 2019, Bajaj Auto stated in a regulatory submitting.

The corporate additional stated its complete two-wheeler gross sales had been down 27 per cent at 2,55,122 models as in comparison with 3,51,291 models within the year-ago month.

Home two-wheeler gross sales had been at 1,46,695 models final month in opposition to 1,99,340 models in June 2019, a decline of 26 per cent, it added.

Total industrial autos gross sales additionally dropped by 57 per cent at 22,975 models final month in comparison with 53,333 models within the year-ago interval with home gross sales falling 85 per cent to 4,494 models in opposition to 29,885 models in June 2019.

Bajaj Auto stated its complete exports final month had been down 28 per cent at 1,26,908 models as in comparison with 1,75,399 models in June 2019.

For the primary quarter ended June 30, the corporate noticed its complete gross sales drop by 64 per cent to 4,43,103 models as in contrast with 12,47,174 models in April-June interval of 2019-20.