Bajaj Auto sales jumps 16% in October

Bajaj Auto Ltd has announced the following:

October 2006 sales;

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			October 	October 	Growth%
			  2006	  	2005
------------------------------------------------------------------------------------------
Motorcycles 		251,022		205,012		  22

Total 2 WHEELERS	251,071		219,927		  14

3 wheelers 		 28,507		 21,881		  30
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TOTAL 2 & 3 Wheelers 	279,578 	241,808		  16
------------------------------------------------------------------------------------------
Exports out of the
above			40,148	  	22,713		  77
------------------------------------------------------------------------------------------

The Company recorded a growth of 22% in Motorcycles, growing faster than the industry growth rate of about 15%

3 wheelers recorded a growth of 30% compared with the October 2005 figures.

Exports recorded a healthy 77% growth over October 2005 levels.

Motorcycle domestic retail sale (sale from Dealer to Customers) is estimated close to 3.5 lakh units, about 100,000 units more than Company’s Billing to Dealers (included in the data tables). Billing was lower due to production constraints owing to Diwali Holidays.

Based on outstanding high demand for Platina, Discover and Pulsar range of products, the Company expect buoyant sales in November and December.

With success of the up-graded Mega and strong exports, 3-wheelers are expected to sustain good volumes currently achieved.

The Company is on its way to record its highest ever quarterly volumes in its history during the October - December quarter.

YTD 2006-07

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			April		April
		      October       October        Growth %
			2006		2005
------------------------------------------------------------------------------------------

Motorcycles 	      1,442,270	       1,073,112	          34

Total 2 Wheelers      1,457,133	       1,157,323	          26

3 Wheelers              180,065	       143,677	          	  25
------------------------------------------------------------------------------------------
Total 2 & 3 Wheelers  1,637,198       	1,301,000            	  26
------------------------------------------------------------------------------------------
Exports out of the above250,257	        135,119	          	  85
------------------------------------------------------------------------------------------

Source : Equity Bulls

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