TVS Motor Company posts 27% sales growth in March 2018

Sells 326,659 units

TVS Motor Company registered a sales growth of 27% increasing from 256,341 units in March 2017 to 326,659 units in the month of March 2018.

Total two-wheelers registered growth of 25.8% with sales increasing from 250,979 units in March 2017 to 315,765 units in March 2018. Domestic two-wheelers recorded growth of 22.2% with sales increasing from 216,995 units in March 2017 to 265,166 units in March 2018.

Scooter sales of the Company grew by 20.0% from 84,173 units in March 2017 to 100,972 units in March 2018. Motorcycles sales grew by 40.5% with sales increasing from 95,671 units in March 2017 to 134,412 units in March 2018.

 

The Company's total exports grew by 55.0% from 38,462 units registered in the month of March 2017 to 59,628 units in March 2018. Two-wheeler exports grew by 48.9% increasing from 33,984 units in March 2017 to 50,599 units in March 2018.

Three-wheeler of the Company grew by 103.2% increasing from 5,362 units in March 2017 to 10,894 units registered in March 2018.

During the fourth quarter of the current financial year, two-wheeler sales grew by 30.4% increasing from 6.59 lakh units registered in the fourth quarter of the previous year to 8.59 lakh units in the quarter under review. Three-wheeler sales of the Company grew by 90.7% from 0.15 lakh units in the fourth quarter of the previous year to 0.29 lakh units in the fourth quarter of the current year.

During the financial year 2017-18, two-wheeler sales of the Company grew by 17.8% increasing from 28.58 lakh units registered in the financial year 2016-17 to 33.67 lakh units in the year under review. Three-wheeler sales of the Company grew by 42.5% from 0.69 lakh units in the financial year 2016-17 to 0.99 lakh units in the financial year 2017-18.

Powered by Capital Market - Live News