Bajaj Auto Limited — Updates, 02-12-2024: Press Release

Bajaj Auto Limited reported November 2024 sales figures, showing a mixed performance across its segments. Total sales reached 4,21,640 units, up 5% from 4,03,003 units in November 2023. Within the two-wheeler segment, domestic sales declined by 7% to 2,03,611 units, while exports surged by 26% to 1,64,465 units. For commercial vehicles, domestic sales fell by 5% to 37,243 units, but exports grew by 10% to 16,321 units.

Year-to-date sales reveal a strong performance, with total sales increasing by 9% to 32,24,907 units compared to the same period last year. This includes domestic two-wheeler sales rising by 9% and exports up by 11%. The growth in exports, particularly in the two-wheeler segment, is noteworthy and may indicate a positive outlook for Bajaj Auto's international market strategy. However, the decline in domestic two-wheeler sales warrants closer monitoring.