TVS Motor reports 8% growth in June sales

TVS Motor Company has reported n 8% growth in sales for the month of June 2015 with total sales increasing from 205,403 units recorded in the month of June 2014 to 222,099 units in the month of June 2015.

Total two-wheeler sales grew by 7% to 211,002 units in June 2015 from 196,486 units recorded in June 2014. Domestic two wheeler sales increased by 5% to 177,769 units in June 2015 from 169,805 units in June 2014.

Scooter sales of the company grew by 5% to 61,241 units in June 2015 increasing from 58,328 units in June 2014, while motorcycles sales grew by 16% increasing from 76,734 units in the month of June 2014 to 88,675 units in June 2015.

Three-wheeler sales of the company registered an increase of 24%, growing from 8,917 units in June 2014 to 11,097 units in June 2015.

Total exports grew by 26% with sales increasing from 34,103 units in the month of June 2014 to 43,025 units in June 2015. Two wheeler exports grew by 25% with sales increasing from 26,681 units in June 2014 to 33,233 units in June 2015.
 

During the first quarter of the current financial year, sales of TVS Motor Company grew by 9% from 5.84 lakh units recorded in the first quarter ended June 2014 to 6.38 lakh units in the quarter ended June 2015.

Total two wheeler sales grew by nine per cent increasing from 5.59 lakh units in the first quarter of the previous year to 6.08 lakh units in the first quarter of the current year. Total three-wheeler sales grew by 21% increasing from 0.25 lakh in the first quarter of the previous year to 0.30 lakh units in the first quarter of the current year.