Page 33 - Bajaj Auto

Bajaj Auto in recovery mode in FY18 after note ban; BS-III ban hit sales

The company plans to enter at least five new markets the current financial year

Weak volumes, higher costs dent Bajaj Auto's Q4 show

Barring the margin blip, Bajaj Auto reported fourth quarter number broadly in line with Street expectations. Despite the weak volumes which fell nearly 10 per cent in the quarter due to fall out of demonetisation and shift to BSIV standard, revenues driven by higher realisations came in at Rs 5,212 crore, down by 3 per cent over the year ago quarter. Revenues came in better than Bloomberg consensus estimates of Rs 4,830 crore. The reported operating profit margins for the company came in at 21.2 per cent, pegged back by higher raw material costs as well expenditure associated with transition from BSIII to BSIV emission standards. Margins were down 210 basis points as compared to the year ago period. Higher raw material costs as well as stiff competition across its categories will limit scope for further margin gains going ahead. The weak operating performance and higher costs led to the disappointment on the net profit front. The bottomline at Rs 801 crore was down 15.6 per cent year .

Bajaj Auto sales down 11 per cent in March, total export up by 1.3 per cent

Domestic sales stood at 1,69,279 units, down 17.13%

Bajaj bats for BS-IV but has 80k BS-III units

Company made about 5,000 BS-III Pulsars in February

Bajaj cheers at Feb sales

Pune headquartered Bajaj Auto is celebrating. The country's most profitable two wheeler maker claims to have surpassed volumes sold by market leader Royal Enfield in the 350-500cc motorcycle segment in February with Dominar, a 400cc motorcycle it launched in December. Royal Enfield, however, says Bajaj is celebrating too early. Bajaj has sold about 3,000 units of Dominar a month this calendar year and is drawing a comparison with the February volume of Royal Enfield in the 350-500 cc segment when the bullet maker did wholesale volume of 2,602 units. Eric Vas, the president for motorcycle business at Bajaj said, "We have already overtaken Royal Enfield in the 350-500cc segment. They used to sell average of 5,000 units a month until few months ago". Vas claims that two out of every ten Dominar was sold to customers who owned a Royal Enfield. "Some have sold it to buy Dominar and some have bought it as their second bike". He added that there has been a decline in the waiting period of ..

BS-IV norms: Rajiv Bajaj says call for deadline extension illogical

Bajaj Auto blasted the automobile industry's call for deferring the new emission norms

All 3 plants BS-IV compliant from January: Bajaj Auto

With effect from January 2017, all products from its three plants are BS-IV compliant

Bajaj Auto launches BS-IV compliant Pulsar RS200, NS200 models

BSIV Pulsar RS200 is available in both ABS and non-ABS variants

Bajaj Auto's January sales decline by 18%

Total sales stood at 2,41,917 units from 2,93,939 units in the corresponding period in 2016

Steady margins save the show for Bajaj Auto

Whether raw material costs can be kept benign needs to be seen

Bajaj drives into Indonesia, again

Bajaj owns 49 per cent stake in the Vienna Stock Exchange-listed KTM since 2013

Bajaj launches 2 new KTM variants; to open 125 more exclusive outlets

KTM sales have clocked at 46 per cent on a CAGR basis, says Amit Nandi

Bajaj Auto sales decline 22% in December

Motorcycle sales in December decreased by 18% to 2,03,312 units from 2,47,782 units in the same month in 2015

Bajaj Auto dips post December sales

The stock was down 2% to Rs 2,581, falling 3% from early morning high on the BSE

Bajaj launches Dominar 400 at Rs 1.5 lakh

Bajaj opened the booking for the Dominar 400 online with an amount of Rs 9,000 and deliveries will begin by January

Bajaj Auto sales decline 13% in November

Motorcycle sales during the month fell by 12% to 2,37,757 units

Bajaj commences production of 400-cc bike from Chakan plant

Exactly 15 years back in November 2001 it had launched Pulsar which went on to define the sports motorcycle market in India

Bajaj Auto sales rise marginally in October

Bajaj Auto's commercial vehicles sales during the month stood at 48,276 units compared with 44,089 units in the year-ago period

Bajaj Auto Q2 net up 7.2% at Rs 1,200 crore

Shares of Bajaj Auto were trading 0.96 per cent up at Rs 2,791 on BSE

New models boost Bajaj market share

Bajaj Auto is targeting a market share of 22-23 per cent in the motorcycle segment by end of the current financial year