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  • PRESS RELEASE BAJAJ AUTO RESULTS: 1St QUARTER; FINANCIAL YEAR 2006-07

    PRESS RELEASE BAJAJ AUTO RESULTS: 1St QUARTER; FINANCIAL YEAR 2006-07

    PRESS RELEASE BAJAJ AUTO RESULTS: 1st QUARTER; FINANCIAL YEAR 2006-07 A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and approve the results for the first quarter of 2006-07. 1. HIGHLIGHTS OF Q1: 9 Motorcycles Sales 34% ↑- above the industry growth of 24%. 9 Three-wheeler Sales 33%↑. 9 Exports (Nos.) 95%↑. 9 Turnover Rs. 23 billion – 33%↑. 9 Operating EBITDA Rs. 3.6 billion – 40%↑. 9 Operating EBITDA margin – 16.5% against 15.9% in Q1/2005-06. 9 Gross Profit - Rs 4.5 billion – 30%↑. 9 Profit after tax – Rs. 2.6 billion – 27%↑. 2. SALES: SALES (Nos.) Q1 Q1 2006-07 2005-06 Growth % Motorcycles 568,187 422,543 34% 2-Wheelers 576,219 452,213 27% 3-Wheelers 70,875 53,311 33% Total 647,094 505,524 28% Exports (out of the above) 98,263 50,493 95% Motorcycles (a) Bajaj Auto’s motorcycle sales continue to outperform the industry. In the current quarter Bajaj Auto’s motorcycle sales grew by 34% v/s industry growth of 24%. (b) Bajaj Auto continues to gain market share – 33% for the current quarter as against 31% in 2005-06. (c) Bajaj Auto continues to be leader in price segment with strongly positioned products, namely, the Bajaj CT 100 & the Bajaj Platina together yielding a market share of 38%. (d) The new model – the Bajaj Platina, launched in April 2006 has seen very good response. Sales have crossed 100,000 units in just third month of launch. 2 (e) The Bajaj Discover twins have achieved a dominant position in value segment.
  • History of Hero Honda

    History of Hero Honda

    MINOR PROJECT REPORT ON: BAJAJ VS. HERO HONDA Department of Business Administration Maharaja Surajmal Institute Submitted By: Submitted To: Mr Jagbir Alahawat Shitij Malik BBA(Banking & Insurance) Semester III Roll No: 0171491808 1 CERTIFICATE This is to certify that the project work entitled BAJAJ Vs. HERO HONDA is a bona fide project carried out by Shitij Malik, BBA(B&I) student, Maharaja Surajmal Institute (GGSIPU) in Delhi for the fulfillment of the requirements of the BBA program and the project work has not formed the basis for the award previously for any degree, diploma or any other similarities. Date: Signature (P roject Guide) 2 ACKNOWLEDGEMENT The research on “Comparative Study between Bajaj and Hero Honda” has been given to me as part of the curriculum in Bachelors Business Administration (banking & insurance) I have tried my best to present this information as clearly as possible using basic terms that I hope will be comprehended by the widest spectrum of researchers, analysts and students for further studies. I have completed this study under the able guidance and supervision of Prof. I will be failed in my duty if I do not acknowledge the esteemed scholarly guidance, assistance and knowledge. I have received from them towards fruitful and timely completion of this work. Mere acknowledgement may not redeem the debt I owe to my parents for their direct/indirect support during the entire course of this project. 3 Table of contents CHAPTER CHAPTER NAME NO. Chapter 1 Introduction 1.1 Objectives 1.2 Research Methodology 1.3 Limitations Chapter 2 Corporate Overview 2.1 Company’s History 2.2 Profile 2.3 Key Persons 2.4 Timeline Of Releases 2.5 Marketing Strategies 2.6 SWOT Analysis Chapter 3 Analysis and Interpretation Chapter 4 Conclusions and Recommendation Bibliography Questionnaire 4 5 CHAPTER 1 INTRODUCTION INTRODUCTION 6 This project is an attempt to give draw out a comparison between Bajaj Auto Ltd & Hero Honda.