Bajaj Auto quarterly sales rise 18 percent

July 4th, 2011 - 3:21 pm ICT by IANS  

New Delhi, July 4 (IANS) Two and three-wheeler major Bajaj Auto Monday reported an 18 percent increase in its total sales at 10,92,815 units for the quarter ended June 30 as against 9,28,336 units during the like period of the previous financial year, recording its highest quarterly sales ever.

The total sales also included 4,27,364 units of exports, the company said in a statement.

Motorcycle sales grew by 16 percent to 9,63,051 units, while commercial vehicle sales rose by 30 percent to 1,29,764 units during the quarter under review.

The total sales during June increased 16 percent at 3,66,657 units against 3,15,422 units during the like period of the previous financial year.

The commercial vehicles sales during the period inched 34 percent to 43,830 units while the motorcycles sales increased 14 percent to 3,22,827 units.

The total sales during June also included 1,42,124 units which were exported.

At the Bombay Stock Exchange the shares of the company were up 0.80 percent to trade at Rs.1,432.

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