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Corporate - Performance


Bajaj Auto clocks 13.4 pc rise in sales

Our Bureau

MUMBAI: Bajaj Auto Ltd (BAL) on Monday reported a 13.4-per cent rise in total sale of 2- & 3-wheelers in October 2004 to 1,76,693 units as against the previous corresponding 1,55,783 units. But for the first time in many months, its sale of 3-wheelers registered a decline.

The 2-wheeler sales for the month amounted to 1,57,631 units (1,34,949 units for the year ago period), a rise of 16.8 per cent. Motorcycle volumes were up 34 per cent to 1,43,491 units (1,07,115 units).

Sale of 3-wheelers dipped 8.5 per cent to 19,062 units (20,834 units).

Within 3-wheeler sales, BAL's passenger carriers saw a sales dip of 14 per cent in October.Though its 3-wheeler sales for the fiscal so far showed an increase in volumes, October has been noted for the concern it threw up.

For April-October 2004, BAL's total 2- & 3-wheeler sales touched 9,95,111 units (8,84,001 units), a rise of 12.6 per cent. Two-wheeler volumes grew 13.1 per cent to 8,57,290 units (7,57,938 units) with motorcycle volumes growing by 26.4 per cent to 7,55,702 units (5,97,778 units).

Exports for the period grew 34.1 per cent to 1,11,275 units (82,965 units) while the same for the month was up 14.2 per cent to 15,262 units (13,360 units).

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