Bajaj Auto Profit, Revenue Double In Q1 FY 2022
Highlights
- Q1 revenue grows by 140 per cent to Rs. 7,386 crore
- Profit after Tax in Q1, FY 2022 reported at Rs. 1,061 crore
- 10 lakh motorcycles and CVs sold during April to June 2021
Bajaj Auto has reported that its first quarter (April to June 2021) profit after tax (PAT) doubled to Rs. 1,061 crore, from Rs. 528 crore in the same period a year ago. The company's revenue grew by almost 140 per cent to Rs. 7,386 crore, from Rs. 3,079 crore in the same period a year ago (April to June 2020). Net profit however fell 20 per cent from the last quarter (Q4, FY 2021), as the recovery over the three-month period was hampered by partial lockdowns due to the second wave of the COVID-19 pandemic. In January to March 2021 period, Bajaj Auto had reported net profit of Rs. 1,332 crore, compared to Rs. 1,061 crore in the April to June 2021 quarter.
Also Read: Bajaj Chetak Bookings Begin In Nagpur
In all, Bajaj Auto sold over 10 lakh two-wheelers and commercial vehicles in Q1, recording 10,06,014 unit sales during the April to June quarter. The company's two-wheeler and commercial vehicle (CV) sales in international markets alone accounted for 6,48,877 units, with two-wheelers accounting for exports of over 5.5 lakh units. In comparison, Bajaj Auto sold 3,42,552 two-wheelers in the domestic market in the same period.
Also Read: Bajaj Caliber Name Trademarked
While the pandemic has impacted both Q1 of FY 2021 (April to June 2020) and FY 2022 (April to June 2021), the severity of impact was very different, according to Bajaj Auto. Motorcycle sales in the domestic market of over 3.42 lakh units make for 19.7 per cent market share in Q1 FY 2022, as against 17.3 per cent market share in Q4 FY 2021. Bajaj Auto, India's largest exporter of motorcycles, continues to be strong, with exports of over 6.48 lakh units surging ahead of domestic market sales. Africa, South Asia & Middle East, as well as Latin American markets continue to record strong sales for Bajaj Auto.
Related Articles
Latest News
Popular Bajaj Models
- Bajaj Pulsar 150Ex-Showroom Price₹ 1.1 - 1.15 Lakh
- Bajaj Pulsar N250Ex-Showroom Price₹ 1.38 - 1.5 Lakh
- Bajaj Avenger Cruise 220Ex-Showroom Price₹ 1.23 Lakh
- Bajaj Pulsar NS160Ex-Showroom Price₹ 1.46 - 1.85 Lakh
- Bajaj Avenger Street 160Ex-Showroom Price₹ 1.01 Lakh
- Bajaj Pulsar F250Ex-Showroom Price₹ 1.4 - 1.5 Lakh
- Bajaj CT 125 XEx-Showroom Price₹ 71,354 - 74,682
- Bajaj Pulsar 125Ex-Showroom Price₹ 72,122 - 80,218
- Bajaj CT 110Ex-Showroom Price₹ 61,869
- Bajaj Pulsar NS 125Ex-Showroom Price₹ 1.05 - 1.12 Lakh
- Bajaj Platina 110Ex-Showroom Price₹ 72,224
- Bajaj Platina 100Ex-Showroom Price₹ 52,915 - 63,578
- Bajaj Pulsar 200 NSEx-Showroom Price₹ 1.57 - 1.69 Lakh
- Bajaj Dominar 250Ex-Showroom Price₹ 1.54 Lakh
- Bajaj ChetakEx-Showroom Price₹ 1.15 - 1.47 Lakh
- Bajaj Pulsar N160Ex-Showroom Price₹ 1.28 Lakh
- Bajaj Pulsar P150Ex-Showroom Price₹ 1.17 - 1.2 Lakh
- Bajaj Dominar 400 [2019]Ex-Showroom Price₹ 2.03 Lakh
- Bajaj Freedom 125Ex-Showroom Price₹ 95,000 - 1.1 Lakh
- Bajaj Pulsar N125Ex-Showroom Price₹ 94,707 - 98,707
- Bajaj Pulsar N150Ex-Showroom Price₹ 1.17 Lakh
- Bajaj Chetak Blue 3202Ex-Showroom Price₹ 1.15 - 1.2 Lakh
- Bajaj Pulsar NS400Ex-Showroom Price₹ 1.85 Lakh
- Home
- News
- Two Wheelers
- Bajaj Auto Profit, Revenue Double In Q1 FY 2022