Bajaj March sales fall over 14%; FY'09 sales dip 11%

Two-wheeler maker Bajaj Auto on Thursday reported a 14.40 per cent fall in its motorcycle sales in March at 1,32,210 units against 1,54,443 units in the same month last year.

The company's total motorcycle sales during 2008-09 also dipped by 10.84 per cent at 19,07,810 units against 21,39,779 units in the previous fiscal.

Total two-wheeler sales during March stood at 1,32,640 units, a 14.70 per cent decrease over the same month last year, Bajaj Auto Ltd (BAL) said in a statement. The company had sold 1,55,504 units of two-wheelers in the year-ago period.

BAL's exports also plummeted by 8.15 per cent at 46,874 units in March from 51,035 units a year ago.

The company's total vehicle sales stood at 1,54,093 units last month compared to 1,76,280 units in the year-ago period, down by 12.59 per cent, the statement said.

During the financial year 2008-09, BAL's total two- wheeler sales fell by 11.18 per cent at 19,19,582 units compared to 21,61,095 units in the previous fiscal.

The company reported a decline of 10.50 per cent in its total vehicle sales in FY'09 at 21,94,108 units as against 24,51,407 units in FY'08.

"Bajaj expects stronger growth in the first quarter of FY'10 powered by the continuing success of the XCD 135 DTS-Si as also the launch of product upgrades off the Pulsar platform," BAL said.