Bajaj Auto Reports 8% Rise In May Dispatches On Strong Export Growth

Bajaj Auto Ltd posted an 8% increase in total dispatches to 384,621 units in May, as strong export demand offset a lull in domestic sales, the company said in an exchange filing on Monday. 

Domestic sales in May were nearly flat, with 225,733 units sold, up just 0.3%. Exports surged 22% to 158,888 units.

Two-wheeler sales rose 9% to 332,370 units. Domestic two-wheeler sales were up 2% to 191,412 units, while exports jumped 20% to 140,958 units.

Commercial vehicle dispatches increased 5% to 52,251 units. Domestic sales of these vehicles declined 7% to 34,321 units, but exports grew 37% to 17,930 units.

For the financial year so far, Bajaj Auto has sold 750,431 units across India and overseas, up 1% year-on-year. Domestic sales have fallen 6% while exports have risen 13%.