Hot Pursuit     02-Jan-23
Bajaj Auto declines after auto sales fall 22% YoY in Dec'22
Bajaj Auto slipped 1.16% to Rs 3574 after the company reported 22% fall in total auto sales to 2,81,486 units in December 2022 as compared with 3,62,470 units sold in December 2021.

While domestic sales rose by 2% YoY to 1,48,555 units, exports declined by 39% YoY to 1,32,931 units during the period under review.

The company sold 2,47,024 two-wheeler units (down 23% YoY) and 34,462 commercial vehicle units (down 21% YoY) in December 2022.

Bajaj Auto is engaged in developing, manufacturing and distributing automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof.

The two-wheeler maker's consolidated net profit dropped 15.71% to Rs 1,719.44 crore in Q2 FY23 as against Rs 2,039.86 crore recorded in Q2 FY22. Revenue from operations jumped 16.44% to Rs 10,202.71 in the quarter ended 30 September 2022 from Rs 8,762.18 crore posted in the same period a year ago.

Previous News
  Bajaj Auto grants 4.77 lakh stock options
 ( Corporate News - 25-Apr-23   21:01 )
  Bajaj Auto Ltd gains for third straight session
 ( Hot Pursuit - 25-Jan-24   13:05 )
  Bajaj Auto hits record high on good Q3 performance
 ( Hot Pursuit - 25-Jan-24   12:02 )
  Bajaj Auto Ltd gains for fifth session
 ( Hot Pursuit - 14-Feb-24   13:00 )
  Bajaj Auto to hold board meeting
 ( Corporate News - 01-Jul-23   10:58 )
  Bajaj Auto
 ( Results - Analysis 26-Jul-22   17:17 )
  Bajaj Auto board approves 2,500 cr share buyback
 ( Hot Pursuit - 27-Jun-22   14:49 )
  Wipro to replace Bajaj Auto in BSE Sensex
 ( Hot Pursuit - 20-Nov-21   09:12 )
  Bajaj Auto commences buyback of shares
 ( Corporate News - 04-Jul-22   13:06 )
  Bajaj Auto April sales volumes increase by 7% YoY basis
 ( Corporate News - 02-May-23   10:42 )
  Bajaj Auto Q4 PAT rises 12% YoY; board OKs dividend of Rs 140/share
 ( Hot Pursuit - 25-Apr-23   17:51 )
Other Stories
  NSE SME SAR Televenture's FPO subscribed 67%
  22-Jul-24   17:58
  Mahindra Logistics gains as Q1 net loss narrows to Rs 7.84 cr
  22-Jul-24   16:34
  IOB PAT rises 21% YoY to Rs 633 crore in Q1 FY25
  22-Jul-24   15:14
  Wipro Ltd leads losers in 'A' group
  22-Jul-24   15:00
  IDBI Bank gains as Q1 PAT climbs 40% YoY to Rs 1,719 cr
  22-Jul-24   14:51
  Remedium Lifecare Ltd leads losers in 'B' group
  22-Jul-24   14:45
  Volumes spurt at Chemplast Sanmar Ltd counter
  22-Jul-24   14:30
  NSE SME Prizor Viztech sizzles on debut
  22-Jul-24   14:05
  Energy shares fall
  22-Jul-24   14:00
  Real Estate stocks slide
  22-Jul-24   14:00
Back Top