Bajaj Auto Restricted (BALL) reported a rise of 1.7 p.c year-on-year in its internet revenue in comparison with Rs 1,332 crore as in comparison with Rs 1,310 crore in the identical quarter a 12 months in the past. Two-wheeler income grew by 26 p.c to ₹ 8,596 crore, in comparison with ₹ 6,816 crore in the identical interval a 12 months in the past. In a press release, Bajaj Auto stated that the corporate has seen a pointy improve in enter prices throughout January to March 2021 and it’s anticipated that the enter prices will proceed in Q1 FY 2022 (April to June 2021). For April 2020 to March 2021), internet revenue declined by 11 p.c to ₹ 4,555 crore as in comparison with the earlier fiscal (12 months 5,100 crore), whereas income fell 7 p.c to ₹ 27,741 crore in FY21, 29,919 crore in FY2015. As on 31 March 2021, the corporate’s surplus in money and money equivalents was 31 17,689 crores as in comparison with 20 14,322 crores as on 31 March 2020.
Bajaj Auto stated that by way of quantity, bike gross sales, auto exports and auto spare elements enterprise recorded double-digit wholesome development within the fourth quarter of FY 2020-21. Within the home market, the Bajaj Pulsar 125 remained a powerful vendor, with a quantity of 1,28,000 items within the quarter beneath overview, in comparison with simply 51,000 items in the identical quarter a 12 months earlier. Within the quarter, complete exports have been recorded at over 6,35,000 items.
For FY 2020-21, Bajaj Auto exported round 18 lakh bikes, whereas complete exports (together with business autos) exceeded 20 lakh items for the third consecutive 12 months. The Bajaj Pulsar vary bought over 12.5 lakh bikes in each home and worldwide markets, the very best quantity for the Pulsar vary. In FY21 (April 2020 to March 2021), KTM, with Huskern, bought 1,43,000 items in each home and export numbers, registering the very best mixed volumes for each manufacturers.