InvestorQ : How were the Bajaj Auto numbers for sales in the month of March 2020?
Ria Jain made post

How were the Bajaj Auto numbers for sales in the month of March 2020?

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Anu Biswas answered.
1 year ago
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Like most of the other auto companies, the COVID-19 lockdown impacted the sales of Bajaj Auto also and the impact was sharp. It reported 38% fall in total sales to 242,570 units in March as against 393,351 in March 2019. Domestic sales were lower by 55% at 116,541 units. Export sales also took a hit in the month due to the global lockdown although it did manage to redeem part of the losses in the domestic sector. In terms of segments, two-wheeler sales were down 35% at 210,976, again largely driven by domestic fall in sales due to prolonged plant shutdowns. For the full fiscal year 2019-20, Bajaj Auto reported 8% dip in sales at 46,15,212 units. This time, even the global franchise of Bajaj might not really help as the pandemic has left a global footprint.

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