TVS Motor posts 20% growth in sales during December

The company posted a growth of 26% during the quarter ended December

TVS Motor Company has posted a 20.3 per cent growth in sales in December last year.

The total sales of the company for the month was 1,91,880 compared to 1,59,495 units during December 2013.

The sales has grown 25.8 per cent during the quarter ended December, with sales of 6.53 lakh units during three months, as compared to 5.19 lakh units sold in the same quarter in 2013. Two-wheeler sales during December witnessed a growth of 18.7 per cent to 1,81,994 units, as compared to 1,53,358 units during December, 2013.

Scooter sales grew by 25.3 per cent during the month. It touched 52,411 units compared to 41,817 units during December, 2013. Exports during the month grew by 27.8 per cent to 32,969 units, compared to 25,797 units during the same month of the previous year.  The two wheeler exports grew by 18.7 per cent at 24,556 units compared to 20,694 units sold during the same month of 2013. The three wheeler sales stood at 9,886 units during the December 2014, compared to 6,137 units in December 2013, marking an increase of 61 per cent.

The two wheeler sales for the quarter grew by 25.3 per cent to 6.25 lakh units compared to 4.99 lakh units during the same quarter of 2013.