S Ravikumar

Bajaj Auto plans to add Thailand to its export market list

The two-wheeler major currently exports to various markets in the region including the Philippines, Singapore and Myanmar.

Note ban pain not over; base effect lifted exports: Bajaj Auto

The demonetisation impact has not fully subsided and two-wheeler companies might continue to feel the pain for few more months, according to S Ravikumar, President - Business Development at Bajaj Auto.

Bajaj Auto expects demonetisation woes to play out in Q4 as well

Speaking to CNBC-TV18, S Ravikumar, President - Business Development at Bajaj Auto said that the impact of demonetisation is likely to play out in the fourth quarter of FY17 as well.

Bajaj Auto is confident of going back to 20% margins by Q4-end

Bajaj Auto reported 4.7 percent fall in profit in the third quarter to Rs 924.6 crore as against Rs 970.6 crore in the same period last year. Revenue for the quarter decline 4.1 percent to Rs 59,500 per unit.

Rural demand down 20%; no respite visible yet: Bajaj Auto

Bajaj Auto reported a 22 percent decline in sales to 2.25 lakh units in December due to demonetisation impact. No respite is visible yet from the cash crunch, said S Ravikumar, President â€“ Business Development at Bajaj Auto.

Tough to guide on sales volumes; market share intact: Bajaj Auto

It is tough to ascertain when sales will pick up as the demonetisation pain could continue for few more months says S Ravikumar, President - Business Development at Bajaj Auto.

Bajaj Auto eyeing 24 lakh domestic volumes by FY17 end

Commenting on the sales performance, S Ravikumar, President â€” business development â€” at Bajaj Auto said the company saw muted sales during Dussehra but picked up in the run up to Diwali. He expects new launches lined up in November and December to boost volumes and the company is targeting 24 lakh in domestic volumes by FY17-end.

Export slump to end in Q2; plan to enter new mkts: Bajaj Auto

Ravikumar is confident that the drop in exports could end in the second quarter of financial year 2017. The company is going to review its export guidance of 16 lakh units for FY17 by December.

Bajaj Auto domestic business 'firing on all cylinders': Prez

In an interview to CNBC-TV18, S Ravikumar, President-Business Development at Bajaj Auto spoke about their September auto sales numbers.

Aim to meet exports target of 16 lk units in FY17: Bajaj Auto

Export markets have continued to be stressed but Egypt has seen some improvement in demand. Confident of meeting exports target of 16 lakh units in FY17, said S Ravikumar, President-Business Development, Bajaj Auto.

Motorcycle biz may grow by 40% in 2nd half of FY17: Bajaj Auto

In an interview with CNBC-TV18, S Ravikumar of Bajaj Auto said that the company is growing at double the industry rate in the domestic segment and expects 40 percent growth in motorcycle segment in the second half of this fiscal.

New launches, Pay Commission to boost growth for Bajaj Auto

Bajaj Auto reported a 3.5 percent rise in revenue to Rs 6,088.7 crore while its operating margin improved to 19.3 percent in the first quarter of FY17.

Bajaj Auto expects sales in August to zoom to 3.5 lakh units

Speaking to CNBC-TV18, S Ravikumar of Bajaj Auto said while the industry grew 7 percent in the motorcycle segment, the company's grew 9 percent.

June, July may be soft for domestic sales, export: Bajaj Auto

While sales have been improving steadily, June and July will see softer sales in domestic and export markets, says S Ravikumar, President - Business Development, Bajaj Auto.

Turmoil in Nigeria behind exports fall; see bounceback: Bajaj

A sharp fall in exports, led by turmoil in Nigeria, was offset by high growth in domestic markets for the month of April for Bajaj Auto, says S Ravikumar, President, Business Development.

Bajaj Auto expects to export 10,000 units of Qute in FY17

The company had introduced Qute in October and exported a total of 334 units to 19 markets including Turkey, Russia, Indonesia and Peru in 2015-16, Bajaj Auto President Business Development and Assurance S Ravikumar said in a statement.

See sombre Mar exports; Egypt's devaluation priced in:Bajaj Auto

S Ravikumar, President-Business Development, Bajaj Auto, says the Egyptian currency devaluation has already been priced in. Twenty percent of three-wheeler and three percent of two-wheeler exports come from Egypt, he says

Budget 2016: Hope government increases spend on R&D, says Bajaj's Ravikumar

S Ravikumar, President Business Development at Bajaj Auto says, factors like simplicity, transparency and consistency in policies are critical in making the economy stand out globally

See market share at 22% by end of March: Bajaj Auto

S Ravikumar, President-Business Development, Bajaj Auto says healthier mix and exports will aid realizations to move northwards.

Avenger sales strong; Nepal woes hurting exports:Bajaj Auto

S. Ravikumar, President-Business Development, Bajaj Auto, says exports have been a problem and typically one quarter every year would be soft due to varying reasons. The decline this year was largely due to forex volatility (Nigeria) and political issues (Nepal) in most of the company's export markets.