Bajaj Auto Reports 6 Percent Increase in Sales to 3,75,017 Units in February, 2021
Bajaj Auto Reports 6 Percent Increase in Sales to 3,75,017 Units in February, 2021
Bajaj's total domestic sales declined by 2 per cent to 1,64,811 units last month, as compared to 1,68,747 units sold in February 2020.

Bajaj Auto on Monday reported 6 per cent rise in total sales at 3,75,017 units in February, as against 3,54,913 units in the same month last year. Total domestic sales declined by 2 per cent to 1,64,811 units last month, as compared to 1,68,747 units sold in February 2020, Bajaj Auto said in a regulatory filing.

Bajaj Auto’s total two-wheeler sales were up 7 per cent to 3,32,563 units, as compared to 3,10,222 units in the year-ago month. Overall commercial vehicles sales declined by 5 per cent at 42,454 units last month, as compared to 44,691 units in the year-ago period.

Bajaj Auto said its total exports last month rose 13 per cent to 2,10,206 units, as compared to 1,86,166 units in February 2020.

In terms of the two-wheeler segment, Hero MotoCorp reported a rise of 1.45 per cent in its total sales during February.

The company sold 505,467 units of motorcycles and scooters last month from an off-take of 498,242 units in February 2020.

In addition, Honda Motorcycle & Scooter India’s total sales for February rose 29 per cent to 442,696 units last month as compared to 342,021 units sold last year.

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The company’s domestic sales grew 31 per cent to 411,578 units last month as compared to 315,285 units sold last year.

Parallely, Honda’s exports grew 16 per cent to 31,118 units with its BS-VI models exports gaining momentum in new overseas markets as well.

(With inputs from wire agencies)

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