Bajaj Auto gross sales fell 15% year-on-year in January 2022

Bajaj Auto Restricted launched its gross sales figures for the month of January 2022. The corporate noticed a decline in gross sales throughout all segments, and because of this, shares began declining in as we speak’s buying and selling.

Bajaj Auto is presently buying and selling at Rs 3,537, down Rs 17.75 or 0.5% from the earlier shut of Rs 3,554.75 on the BSE. The inventory opened at Rs 3,584 and touched excessive and low of Rs 3,591.30 and Rs 3,535.20 respectively.

Bajaj Auto reported home 2-wheeler gross sales of 1,35,496 items for the month of January 2022 as towards 1,57,404 items in January 2021, a decline of 14% on a year-on-year foundation. Whereas the corporate’s YTD gross sales stood at 14,37,480 as towards 14,79,048 within the earlier interval, which is down 3% year-on-year.

General 2-wheeler gross sales for the month of January 2022 stood at 3,23,430 items as towards 3,84,936 items in January 2021, a decline of 16% year-on-year.

For industrial autos, the corporate reported web gross sales of 40,013 items for January 2022 as towards 40,263 items in January 2021, indicating a decline of 1%. Home industrial automobile gross sales stood at 14,160 items as towards 13,353 items, displaying a development of 6% year-on-year.

The corporate’s YTD (April-January) gross sales for industrial autos stood at 3,94,030 items as towards 2,85,252 items within the earlier corresponding interval, registering a development of 38% YoY.

Bajaj Auto stated total gross sales of each two-wheelers and industrial autos declined by 15% year-on-year, whereas YTD gross sales for each grew by round 14% year-on-year.

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