Bajaj Auto sales decline by 4% in June

Bajaj Auto on Monday, reported 4% decline in total sales in June at 3,16,969 units against 3,31,317 in the same month of 2015.

Motorcycle sales during the month fell 5% to 2,73,298 units from 2,87,582 in June last year, led by decline in export. The export reported a decline of 21% to 1,04,673 units compared to to 1,32,986 same quarter of the previous year.

Among the total motorcycle sales, domestic sales were the gainer with 9% rise to 1,68,625 units against 1.54.596 units in June – 2015.

The company’s commercial vehicles sales during the month remained flat at 43,671 units compared with 43,735 in the year-ago period.

Exports in June this year were at 1,23,252 units against 1,56,074 a year earlier, down 21 per cent.

The company's shares were trading 0.41 per cent down at Rs 2,657.90 on BSE. 

Overall domestic sales were the major gainers for Bajaj Auto, recording growth of 22% to 1,93,717 unit compared to 1,75,243 units in the similar period of the previous year.