Bajaj Auto Reports Strong Sales Growth in October

Overview of Sales Performance

Bajaj Auto announced a notable surge in its total sales figures for October, showcasing a 19 percent year-on-year increase. The company reported total sales of 4,71,188 units during the month, a significant rise from the 3,95,238 units dispatched in October of the previous year.

Wholesales and Dispatches

In terms of wholesales, Bajaj Auto witnessed a remarkable 36 percent growth, with total dispatches to dealers reaching 3,29,618 units compared to 2,42,917 units in the corresponding month last year. The company highlighted that this achievement marked its highest-ever monthly wholesales to date.

Export Performance

While domestic sales saw a substantial uptick, Bajaj Auto experienced a 7 percent decline in total exports. The company exported 1,41,570 units in October, down from 1,52,321 units in the same month a year ago.

Closing Thoughts

Bajaj Auto’s robust sales performance in October underscores its continued strength in the market, driven by strong domestic demand reflected in increased wholesales. Despite a slight dip in export numbers, the company’s overall sales growth showcases its resilience and market presence amidst evolving industry dynamics.