Bajaj Mobility AgSIX: BMAG

BMAG: Sales and earnings guidance cut as restructuring, cost reductions, and inventory destocking continue

· Issued by Bajaj Mobility Ag

Sales in both motorcycle and bicycle segments are forecast to decline 10%-15% amid global market volatility, high interest rates, and supply chain challenges. Cost-cutting, workforce reductions, and a strategic shift to premium brands are underway, with inventory destocking expected to last into 2025.

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