Bajaj Auto reports Q4 profit drop on sluggish exports

Bajaj Auto Ltd reported a 2.5% decrease in profit for the fourth quarter of 2021 due to the impact of high inflation on its two- and three-wheeler exports, particularly in Latin America and Africa, where demand decreased. Two-wheeler and commercial vehicle exports decreased 41%, resulting in sluggish export sales. https://ift.tt/VJtOG0I