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The domestic sales surged 47% to 1,86,522 units, while exports slumped 38% to 1,05,045 units in March 2023 over March 2022.
The company's total two-wheeler sales decreased 4% to 2,47,002 units in March 2023 compared with 2,56,324 units sold in March 2022. The commercial vehicles sales in March 2023 stood at 44,565 units, registering growth of 9% as against 40,864 units in March 2022.
On full year basis, total sales declined 9% to 39,27,857 units in FY23 as against 43,08,433 units sold in FY22.
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 rose 3% to Rs 1,472 crore on 2.8% rise in net sales to Rs 9,050 crore in Q3 FY23 over Q3 FY22.
The scrip was down 0.49% to Rs 3,974.05 on the BSE.
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