While the company’s domestic sales rose by 35% to 2,06,894 units, exports improved by 10% to 1,39,768 units in February 2024 over February 2023.
Sales of two-wheelers and commercial vehicles added up to 2,94,684 units (up 25% YoY) and 51,978 units (up 16% 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 maker's standalone net profit climbed 36.91% to Rs 2,041.88 crore on 30.04% increase in revenue from operations to Rs 12,113.51 crore in Q3 FY24 over Q3 FY23.