Bajaj Auto sales grew by 27 percent in third quarter
Published On Jan 27, 2011 12:00 AM By Mansi Malhotrafor Bajaj Pulsar 150
- 791 Views
- Write a comment
The third quarter sales of Bajaj Auto recorded was awesome as it got 27 percent growth against previous quarter. Bajaj Auto is second largest two wheeler giant in Indian market that has Bajaj Discover, Bajaj Pulsar and Bajaj Platina as largest selling bikes in India.
The sales of Bajaj Auto is touching sky high and it is ready to beat the Indian two wheeler leader Hero Honda which now become single. As per official reports, Bajaj Auto pocketed net profit of Rs. 667 crore in the third quarter of this year which is 27 percent over than second quarter. Now the company is expected that it will touch 9 percent growth in this financial year. On the other hand, exports market of the company has grown by 18 per cent which is also new record for it.
Even after increasing price of its bikes upto Rs 700, the sales of the bikes remains unaffected, this has come as surprise for the company. Now Bajaj Auto is planning to export its bikes in overseas market mostly Pulsar and Discover brand.
To compete with Honda bikes, Bajaj Auto is also increasing power of its flagship model Pulsar. Now Bajaj Pulsar 250cc and Bajaj Pulsar 300 are expected to be introduced by the end of this year.