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Bajaj Auto sales decline 13% in November
Posted on 2nd December 2016
Bajaj Auto on Friday reported a 13 per cent decline in total sales in November at 2,69,948 units as against 3,09,673 units in the same month last year.

Motorcycle sales during the month fell by 12 per cent to 2,37,757 units as against 2,70,886 units in November last year, the company said in a BSE filing.


Bajaj’s 400 cc bike rolled out by all-women engineers’ assembly
Posted on 19th November 2016
Bajaj Auto rolled out the first batch of their much awaited super premium 400 cc bike from the Chakan plant on Friday. The first batch of these powerful bikes were rolled out by an all-women engineer assembly line. The motorcycle is slated for a mid-December 2016 launch.

What makes the roll-out even more special is the fact that the assembly line, which has produced these powerful bikes is fully managed by women engineers. “This is a milestone event for Bajaj Auto as a manufacturer embracing the best technology as well an organisation committed to gender diversity,” the company said.


Bajaj Auto Pulsar, VS400, V to power H2 sales past previous period
Posted on 4th November 2016
Results were marginally ahead of estimates on better margins due to tight control on costs. PAT beat was boosted by higher other income on account of mark-to-market of fixed maturity products because of fall in interest rates. Management believes that festive season is muted with single-digit growth for the motorcycle industry.

It expects H2 to be better for Bajaj than H1 because of new launches (Pulsar, VS400 and V cousin). On 3W, it expects to meet its target in the domestic market and continue outgrowing the industry on entry into the cargo space. Whilst not explicitly stated, management commentary seemed to suggest exports to Africa now are a medium-term issue.


Bajaj Auto domestic motorcycles sales up 5%, exports down 11% in Oct
Posted on 2nd November 2016
Bajaj Auto released its sales figures for the month of October on Wednesday. In the month, the two-wheeler maker's domestic motorcycle sales were up 5%, however, exports fell 11%. Its total sales (commercial vehicles and motorcycle sales) grew on 1% compared to the same period last year.

According to the data released in a statement to the BSE, Bajaj Auto sold 2,12,997 units of its motorcycles in the domestic market in October, compared to the 2,02,042 units sold in the same period last year, a growth of 5%.


Bajaj Auto Q2 profit up 7.2% at Rs1,200 crore
Posted on 28th October 2016
New Delhi: Bajaj Auto Ltd on Friday reported 7.2% increase in consolidated net profit at Rs1,200.72 crore for the second quarter ended 30 September. The company had posted a consolidated net profit of Rs1,120.04 crore in the same quarter of last fiscal.

Total income from operations during the quarter under review was marginally up at Rs6,432.32 crore as against Rs6,407.54 crore. Unit volume sales during the quarter were at 10,31,945 units as against 10,56,596 units in the year-ago period, down 2.33 per cent.


Bajaj Auto shares up nearly 2% as motorcycle sales grow 1%
Posted on 3rd October 2016
Bajaj Auto reported a 2% decline in total sales in September at 3,76,765 units as against 3,84,400 in the same month last year.

Motorcycle sales during the month went up by 1% to 3,31,976 units as against 3,30,228 in September last year, the company said in a BSE filing.


Bajaj Auto workers at Chakan, Akurdi to go on one-day strike
Posted on 1st October 2016
Bajaj Auto workers at Chakan and Akurdi will go on a one-day hunger strike on Sunday, October 2, to to demand faster settlement of the wage issue and reinstatement of eight dismissed workers after the previous round of wage negotiations.

Vishwa Kalayan Kamgar Sanghatana, the union of workers in Bajaj Auto Limited’s Chakan and Akurdi plants, said in a press release that wage agreement talks for April 2016 to March 2019 period have been going on for the last six months and negotiations for the new agreement have not been successful.


Bajaj Auto sales down 5% in August
Posted on 2nd September 2016
Bajaj Auto on Friday reported a five per cent decline in its total sales at 3,25,347 units in August as against 3,41,965 in the same month a year ago.

Motorcycle sales during the month fell by four per cent to 2,79,911 units as against 2,90,436 units in August last year, the company said in a BSE filing.


Bajaj Auto may report fall in Q1 net profit, shares in red
Posted on 27th July 2016
Bajaj Auto shares were trading marginally in red in morning trade on Wednesday as the auto major is scheduled to announce its first quarterly results today. According to Karvy Stock Broking, Bajaj Auto will report 8.8 per cent fall in net profit figures at Rs 922.10 crore for the quarter ended June 30, 2016 against Rs 1,011.60 crore in the corresponding quarter a year ago. According to the brokerage house, Bajaj Auto may report 1.8 per cent year-on-year (yoy) growth in net sales figures.

Bajaj Auto sales tumble by 4% in June
Posted on 4th July 2016
Bajaj Auto today reported 4% decline in total sales in June at 3,16,969 units against 3,31,317 in the same month of 2015.

Motorcycle sales during the month fell 5% to 2,73,298 units from 2,87,582 in June last year, the company said in a BSE filing.


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