Bajaj Auto March sales fall 2% to 2,91,567 units, total sales decline by 9% in FY23

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New Delhi: Bajaj Auto Ltd has reported a 2 per cent decline in total sales in March. Total sales fell to 2,91,567 units in March as against 2,97,188 in the same month last year, Bajaj Auto said in a BSE filing.

Total domestic sales grew 47 per cent at 1,86,522 units last month from 1,26,752 in March 2022, as per the filing.

Exports declined 38 per cent to 1,05,045 units as compared to 1,70,436 units in the year-ago month.

Overall two-wheeler sales were at 2,47,002 units as against 2,56,324 units in the same month a year ago, down 4 per cent.

Commercial vehicle sales were up 9 per cent at 44,565 units last month, compared to 40,864 units in March 2022 despite exports declining 51 per cent to 10,330 units versus 21,193 units y-o-y in March.

Bajaj Auto said, in fiscal year 2022-23, its total sales declined 9 per cent to 39,27,857 units from 43,08,433 units in 2021-22, with exports declining by 27 per cent while domestic sales increased by 17 per cent.

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