Prebuy May Happen After Bs-vi Transition Says Bajaj Auto Cfo

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Prebuy prone to occur after BS-VI Transition says Bajaj Auto CFO. Bajaj Auto revealed by and large deals at 3.36 lakh units in December as against 4.03 lakh units a month ago. The numbers were somewhat lower than the appraisals, fell about 3% YoY. While the fares proceed to rise and have seen 10% development. In any case, the household deals were feeling the squeeze, plunged 15% YoY.

In December local deals remained at 1.53 lakh units. While the most recent month local deals were at 2.07 lakh units. The first of the bike organizations have announced a fall both in residential and by and large deals for Bajaj auto. month on month trades was level at 1.82 lakh units as against 1.95 lakh units in November.

Soumen Ray the (CFO) of Bajaj Auto examined the standpoint of the organization in a meeting with CNBC – TV18.

Can you share your thoughts on what’s happening with the domestic market? In the next few months after BS-VI transition prices will go up. Do you see more pressure on numbers in the coming months?

No, I don't think pressures are normal on the numbers in the coming months, he said. "I ...
... expect there could be some prebuy. I think during the long stretch of December the retail deals have returned to the patterns that they were following in Q2. How about we perceive how Q4 winds up," he included.

I trust that there would be some lightness which would return towards the last piece of Q4, he indicated.

What are your retailers your sale outposts telling you? People would not show a liking to buy 2019 vehicle. Is there some spring in the step at all?

He said "I believe it's initial that to be notice as of right now. There is an expansion in footfalls which is going on in the business outlets. We trust before the finish of Jan and the start of Feb this would increment."

What about exports which saw 10% growth and that’s brought down the overall output fall just about 3%. Can you give us more details on exports?

Soumen Ray said "I think send out is an extraordinary story. In Q3 we have done the most noteworthy ever sends out for the most part supported by bikes in every one of the three topographies, for example, Africa, Latin America and Southeast Asia."

"Then again, the Domestic Commercial Vehicles have seen strong development in December. Bringing about positive development in Q3 as against decreases in Q1 and Q2. Both fare cruisers and household business vehicles doing truly well in December," he included.

For the next few months, what is your expectation? However, you are expecting some pre-buying to come through after BS-VI Transition. Will that result in some 4 lakh plus run rate in Jan and Feb. Would you think that could be hard to achieve considering how challenging the environment is?

"I unequivocally accept that there could be some pre-purchasing in deals in Jan and Feb," he indicated.

He later included "My desire is Q4 developments will be somewhat better. For the most part determined by the prebuy that may occur after the BS-VI change."

As far as which brands performing great, he said new developments like Platina 110h, Pulsar 125 are conveying better outcomes cutting across value portions.
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