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While the company’s domestic sales jumped 69% to 2,57,744 units, exports declined 6% to 1,45,259 units in November 2023 over November 2022.
Bajaj has sold 3,49,048 units of 2-wheelers (up 33% YoY) and 53,955 units of commercial vehicles (up 21% YoY) during the period under review.
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 company's consolidated net profit jumped 17.5% to Rs 2,020.05 crore in Q2 FY24 as compared with Rs 1719.44 crore in Q2 FY23. Net sales rose 6.8% YoY to Rs 10,584.67 crore in Q2 FY24.
The scrip shed 0.65% to Rs 5366.65 on the BSE.
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