Bajaj Auto sales rises by 31% yoy in February 2018; commercial vehicles best performer
Domestic sales grew by 35% to 214,023 units this month, versus sales of 159,109 units made in February 2017.
Two-wheeler maker Bajaj Auto today reported that the company's sales have increased by 31%, with a total sales of 357,883 vehicles in February 2018, compared to sales of 273,513 vehicles in the same month of previous year.
Domestic sales grew by 35% to 214,023 units this month, versus sales of 159,109 units made in February 2017. Also, exports saw a rise of 26% to 143,860 units as against 114,404 units a year ago same month, said the company statement.
Commercial vehicles were best performer this month, with sales rising by a whopping 60,369 units compared to 28,555 units sold in February 2017. While motorcycle segment recorded growth of 21% to 297,514 vehicles as against 244,958 units in the same month of previous year.
Year-to-date, Bajaj Auto has sold a total of 3,672,443 units, witnessing a single-digit growth of 8% from sales of 3,393,753 units in the corresponding period of the previous year.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
02:46 PM IST