Two-and-three wheeler manufacturer Bajaj Auto reported domestic wholesale (dispatches to dealers) of 1,60,820 units in August, a decline of 31 per cent year-on-year (YoY) as compared with 2,33,838 units in corresponding month last year.
However, exports grew by two per cent YoY to 1,24,211 units during the month as against 1,21,787 units in August 2022, the company said in a filing to stock exchanges.
Also Read | Bajaj Auto: Strong domestic business momentum drives revenue, EBITDA and PAT to new highs
The domestic three-wheeler/ commercial vehicle sales also grew 93 per cent YoY to 44,280 units in August as compared with 22,917 units in the corresponding month last year.
But, exports of three-wheeler declined by 46 per cent YoY to 12,337 units last month as compared with 23,053 units in August 2022.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.