New Delhi: Bajaj Auto on Friday reported a 10 per cent increase in total sales at 3,93,089 units in February against 3,57,883 units in the same month last year.

The company's motorcycle sales were up 10 per cent at 3,27,985 units, against 2,97,514 units during the same period a year ago, Bajaj Auto said in a BSE filing.

New Delhi: Bajaj Auto on Monday reported 15 per cent increase in total sales in January at 4,07,150 units as against 3,53,147 units in the same month previous year.

Motorcycle sales grew 21 per cent to 3,50,460 units in January 2019 against 2,88,936 units in January 2018, the company said in a BSE filing.

Even as an aggressive pricing strategy led by price cuts by Bajaj Auto has helped in gaining significant market share (560 bps) in the economy segment in Q3FY19, analysts are concerned over the company’s declining Ebitda margins and have trimmed the estimates for the next two years.

Following a decline of 370 bps in Ebitda margins at 15.6% in the October-December quarter, analysts at Jefferies have trimmed the Ebitda estimates for the next two years by 5-8%. “We cut Ebitda estimates over FY19-21E by 5-8% mainly to reflect weaker gross margins,” they wrote.

Bajaj Auto on Wednesday reported a 16% year-on-year increase in its standalone net profit at Rs1,101.9 crore during the October-December period, which was above analysts’ expectations. Revenues during the period also grew 16% at Rs7,409.4 crore, which was slightly below estimates.

Operating profit declined 2% at Rs1,223 crore, which was below estimates, while margin came in at 17.2% against 20.6% in the same quarter a year ago.

Indian automaker Bajaj Auto Ltd posted a higher profit on Wednesday, exceeding analysts' expectations, as the company sold more motorcycle units during the quarter.

Profit rose to Rs 1,102 crore ($154.72 million) for the three months ended Dec. 31, compared with Rs 952 crore a year earlier.

Bajaj Auto Ltd released its new brand identity on Monday — “The World’s Favourite Indian” to announce its dramatic transition from a domestic scooter maker to a global motorcycle maker.

Commenting on company’s journey, Rajiv Bajaj, Managing Director, said, “Our international performance is validation of our strategy of focus and differentiation.

Pulsar, Discover and Avenger (125cc and above) motorcycles might see a price hike between Rs 4,000-10,000 post-April 2019 due to the incorporation of anti-lock braking system (ABS) safety norm, Rajiv Bajaj, managing director, Bajaj Auto, said in an interview to a business news channel. Commenting on the outlook for FY20, Bajaj while speaking to CNBC TV18, said:

Bajaj Auto on Thursday introduced the all new Pulsar 150 Neon collection. The all new Pulsar 150 Neon 2019 collection comes with a young and peppy styling along with the sporty appeal and is for customers looking at a bike with size and performance above the 100/110 cc offerings. The new Pulsar 150 Neon is made available at an exciting introductory price of Rs 64,998/- ex showroom Delhi and is available across all Bajaj Auto dealerships in India.

Mumbai: Bajaj Auto, which owns 49 per cent in Austrian sports bike brand KTM, Friday launched the ABS (anti-lock braking system) version of KTM 200 Duke, priced at Rs 1.60 lakh (ex-showroom Delhi). The newly added ABS will be an added feature for improved and controlled stopping power.

Bajaj Auto on Wednesday reported a 3.6% year-on-year (y-o-y) increase in standalone net profits at Rs 1,152.5 crore in the July-September quarter on the back of higher revenues and other income. The motorcycles manufacturer reported a strong 22% y-o-y increase in its revenue at Rs 7,987 crore, driven by strong volume growth. However, the Bajaj Auto stock crashed to a 28-month low, losing 4.3% on the Bombay Stock Exchange (BSE) to close at Rs 2,475.30.

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