| Bajaj Auto Limited Related news |
Bajaj Auto Q1 net profit down 19% to Rs 837 crore
Posted on 20th July 2017 |
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Bajaj Auto reported 19.51 percent decline in consolidated net profit to Rs 836.79 crore for the June quarter of current fiscal, on account of lower sales on Thursday. It had posted net profit of Rs 1,039.70 crore in the April-June quarter of last fiscal. Bajaj Auto said in a BSE filing that its total income from operations during the quarter under review stood at Rs 6,177.66 crore as against Rs 6,355.84 crore in the April-June quarter of 2016-17. |
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Bajaj's new 160cc Pulsar NS160 launched; bike to cost Rs 80,648
Posted on 30th June 2017 |
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Bajaj Auto on Friday announced the launch of 160cc Pulsar NS160 in the country, priced at Rs 80,648 (ex-showroom, Mumbai). The new generation Pulsar NS 160 caters to the fast- growing segment of customers who seek premium quality, international style and performance, Bajaj Auto said in a statement. |
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Bajaj Electricals partners with IFSC as lead sponsor
Posted on 24th June 2017 |
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India’s leading brand of kitchen and domestic appliances Bajaj Electricals has announced its partnership with The International Federation of Sport Climbing (IFSC) as a lead sponsor. The tournament is scheduled to be held over a three-day period at the CIDCO Exhibition Centre, Navi Mumbai on the 24th & 25th June, 2017. Over 150 athletes from across the globe will participate at the World Cup including the top talent from India. As a host nation, India’s best climbers will have a chance to compete alongside the world’s best on home turf. The Italy based, IFSC has 86 member federations across 5 continents. |
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Bajaj Auto profit drops 15% in Q4 2017, most in 12 quarters
Posted on 19th May 2017 |
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Mumbai: Bajaj Auto Ltd’s fiscal fourth-quarter profit fell 15%, the steepest decline in 12 quarters, as motorcycle and three-wheeler sales in India fell because of a cash crunch following the government’s decision to scrap high-value banknotes and a switch to stricter vehicle emission norms. Bajaj’s overseas motorcycle sales also fell because of economic and political uncertainties in export markets such as Nigeria and Sri Lanka. |
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India’s Bajaj Auto posts 16% drop in March-quarter profit, misses estimates
Posted on 18th May 2017 |
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India’s Bajaj Auto Ltd posted a 16 percent fall in March-quarter net profit, missing estimates, as a rise in input material cost and expenses on transition to BS-IV compliant vehicles hurt margins. Net profit was 8.02 billion rupees ($124.50 million) in the quarter ended March 31, compared with 9.49 billion rupees a year earlier. |
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TVS teams up with ex-Bajaj Auto dealer in Central America
Posted on 12th May 2017 |
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TVS Motor Company has roped in former Bajaj Auto's dealer in Central America for expansion in the region. The company expects around Rs 500 crore from Central America over the next three years.
Sudarshan Venu, joint managing director, TVS, said the company has tied up with Masesa, a large group in Central America, for distribution of two-wheelers and three-wheelers in Guatemala, Honduras, El Salvador, Costa Rica, and Nicaragua. |
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Bajaj Auto motorcycle sales at 2,93,932 units in April
Posted on 3rd May 2017 |
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NEW DELHI: Bajaj AutoBSE 0.64 % today reported a marginal 1 per cent increase in motorcycle sales at 2,93,932 units in April this year. The company had sold 2,91,898 units of motorcycle in the same month last year. |
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Bajaj Auto loses ground since exiting scooters in 2010
Posted on 15th April 2017 |
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CHENNAI: Bajaj Auto's decision to stay out of the scooter market has cost the company dear in terms of market share, both in the overall two-wheeler market as well as in the motorcycle segment. According to Siam numbers, Bajaj Auto's motorcycle market share declined from 24.3% in FY10 when scooters were discontinued, to 18.3% in FY17e (estimated). This, despite the fact that the `zero' margin product CT100 has helped add nearly 4% market share since its launch a year-and-a-half ago. |
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Bajaj Auto sales down 11% to 2,72,197 units; shares fall
Posted on 3rd April 2017 |
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Bajaj Auto sold 11% less vehicles in the month of March this year compared to the same period in 2016. According to a statement from the company, it sole 2,72,197 units in March 2017. The sale of motorcycles (domestic and exports) was down 8% while the sales of commercial vechiles (domestic and exports) was down 33%. |
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