Exports Vroom Bajaj Auto’s PAT To INR 1,170 Crore In Q1FY22

Mobility Outlook Bureau

Mobility Outlook Bureau

22 Jul 2021
05:58 PM
1 Min Read

In terms of revenue, the company recorded INR 7,386 units in Q1FY22 as compared to INR 3,079 crore in Q1FY21.


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India’s largest exporter of two-wheelers, Bajaj Auto on Thursday announced its financial results for the first quarter of the ongoing fiscal year. 

The maker of brands such as Pulsar and Discover recorded a profit after tax (PAT) of INR 1,170 crore in the first quarter of FY22 on the back of strong exports across various geographies it operates in. Last year, in the same quarter the company posted a profit of INR 395 crore. 

In terms of revenue, the company recorded INR 7,386 units in Q1FY22 as compared to INR 3,079 crore in Q1FY21. 

In the statement to BSE, the company said the first quarter of the ongoing fiscal year has been very challenging as the recovery that happened in the previous quarters was undone, which resulted in weak domestic demand, but it was offset by strong exports. 

Bajaj Auto sold over 10 lakh units in India and across the globe. While it could only dispatch 342,000 units of two-wheelers and 14,000 units of commercial vehicles in the domestic market, Bajaj exported over 648,000 units to Africa, South America and Latin America.

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