Bajaj Auto shares were in the green on Thursday morning as the auto major posted its sales reports for July.
What Happened: The company’s total sales for July came in at 3.54 lakh, up 11% from the 3.19 lakh units it sold in the same month last year.
The jump was driven by the surge in domestic sales. The company registered an 18% year-on-year jump in domestic sales at 2.10 lakh units. Exports came in 2% higher at 1.43 lakh units.
Two-wheeler sales stood at 2.97 lakh, up 11% from the 2.68 lakh vehicles sold in July 2023. Commercial vehicle sales also went up around 11% to 56,628 units.
| Particulars | Jul-24 | Jul-23 | Change % |
|---|---|---|---|
| 2-WHEELERS | |||
| Domestic | 1,68,847 | 1,41,990 | 19 |
| Exports | 1,28,694 | 1,26,850 | 1 |
| Sub-Total | 2,97,541 | 2,68,840 | 11 |
| COMMERCIAL VEHICLES | |||
| Domestic | 42,150 | 37,273 | 13 |
| Exports | 14,478 | 13,634 | 6 |
| Sub-Total | 56,628 | 50,907 | 11 |
| TOTAL | |||
| Domestic | 2,10,997 | 1,79,263 | 18 |
| Exports | 1,43,172 | 1,40,484 | 2 |
| Total | 3,54,169 | 3,19,747 | 11 |
Price Action: Bajaj Auto’s share price was up 0.59% to trade at ₹9,720.85 on Thursday morning.
Read Next: Tata Motors To Report Earnings On Aug 1: Revenue Seen At ₹1.08 Lakh Cr
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