While the company’s domestic sales grew 23.75% to 2,53,827 units, exports rose by 5.44% to 1,43,977 units in August 2024 over August 2023.
Sales of two-wheelers and commercial vehicles stood at 3,35,178 units (up 17.59% YoY) and 62,626 units (up 10.61% YoY), respectively.
Bajaj Auto is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof.
The auto major’s standalone net profit jumped 19.43% to Rs 1,988.34 crore on 15.69% rise in revenue from operations to Rs 11,928.02 crore in Q1 FY25 over Q1 FY24.