Bajaj Auto today reported a 2% increase in total sales in August at 3,41,965 units as against 3,36,840 in the same month of 2014.

Motorcycle sales during the month also grew by 2% to 2,90,436 units as against 2,84,302 units in August last year, the company said in a BSE filing.

Coal India Ltd (CIL)'s e-auction sales in the first quarter of the current financial year has once again reached 16 million tonnes (mt), which is over 12 per cent of its April-June quarter's total offtake. The trend is likely to continue throughout the financial year and the miner might register record e-auction sales in the current year.

CIL recorded an offtake of 129.39 mt in the first quarter of 2015-16, registering an 8 per cent growth. Production in the first three months of the current financial year increased by 12 per cent at 121.35 million tonnes (mt) as against 108.32 mt in the same period last year.

Bajaj Auto today registered a 3% increase in total sales in July at 3,30,231 units against 3,19,292 in the same month of 2014.

Motorcycle sales during the month rose 5% to 2,82,433 units as against 2,67,841 in July last year, the company said in a BSE filing.

Shares of Bajaj Auto dipped 4% to Rs 2,510, declining 5.5% from their intra-day highs on the NSE, after the company reported 37% year-on-year (YoY) jump in net profit at Rs 1,015 crore for the quarter ended June 2015 (Q1) mainly on account of higher other income.

The two-wheeler manufacturer had posted a profit of Rs 740 crore in the same quarter a year ago.

Shares of Bajaj Auto have moved higher by 2.4% to Rs 2,586 on the National Stock Exchange (NSE) after the company sold 331,317 units in June 2015, representing a year-on-year (yoy) growth of 8%, the highest in past nine months.

The automaker had sold 305,465 units in June 2014. It had sold 345,438 units in the last month May, 2015.

NEW DELHI: India's two-wheeler market is throwing up some interesting data, with the top two players way ahead of the next two and pushing smaller players to the fringe in a slowing market. The local two-wheeler unit of Japanese Honda Motor is still quite a distance behind No. 1 Hero MotoCorp, but is steadily narrowing the gap. Honda has already become bigger than Bajaj Auto and TVS Motors together, selling more units in the April-May period than the combined sales of the two once mighty rivals.

Shares of Bajaj Auto have gained over 1.5% at Rs 2,217 on the Bombay Stock Exchange (BSE) on back of the sales from the auto major’s two forgotten bike brands, CT 100 and Platina.

Since January, the combined sales of Bajaj Auto in the entry level no-frills segment shot up to 80,000 units a month from an average of 35,000 units per month. Further, the market share of bikes in this segment has also gone up to 40%, an increase of 16% during this period. These brands were discontinued by the company 11 years ago.

Bajaj Auto today reported a 2% decline in total sales in May at 3,45,438 units against 3,51,436 units in the same month last year.

Motorcycle sales during the month dropped 4% at 3,01,862 units as against 3,13,020 units in May last year, the company said in a BSE filing.

Bajaj Auto on Thursday reported an 18.58% year-on-year (y-o-y) fall in Q4 FY15 net profit to Rs 622 crore. The company posted a 4.35% y-o-y drop in turnover to Rs 4,894 crore as volumes fell 16.36% to 7,82,669 units.

Operating Ebitda dropped 9.02% to Rs 937 crore while profit before tax declined 13.99% to Rs 922 crore. Ebitda margin for Q4 was 19.4%, dragged down largely due to one-off-expenses, including loss on account of a fire at the Akurdi plant in January 2015 and increase in gratuity charge to Rs 90 crore due to actuarial valuation, the company said.

Mumbai: Bajaj Auto Ltd’s net profit dropped 18.5% to Rs.622 crore from Rs.764 crore a year ago for the quarter ended 31 March, as it sold fewer motorcycles in domestic and overseas markets.

The earnings lagged market estimates. A Bloomberg poll of 31 brokerages had estimated a net profit of Rs.668 crore.

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