TVS Motor December sales rise 17.5% YoY

Image
Capital Market
Last Updated : Jan 02 2021 | 12:04 PM IST

TVS Motor Company said the company's total sales grew 17.5% year-on-year to 272,084 units in December 2020 as against 231,571 units in December 2019.

Total two-wheeler sales grew by 20% to 258,239 units in December 2020 over December 2019. Domestic two-wheeler sales rose 13% to 176,912 units.

The company's total exports rose 28% to 94,269 units in the month of December 2020 as against 73,512 units in December 2019.

The company's three wheeler sales declined to 13,845 units in December 2020 as against 15,952 units in December 2019.

Shares of TVS Motor Company closed 1.06% higher at Rs 490.70 on Friday (1 January 2021).

TVS Motor Company is a two and three-wheeler manufacturer and is the flagship company of TVS group.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2021 | 11:45 AM IST

Next Story