Automobile company announces leadership role as net profit dips 5 per cent in March quarter.
TVS Motorcycle sales grew by 4%, from 133,227 units in April 2021 to 139,027 units in April 2022
TVS Motor Company on Wednesday said it has entered into a strategic partnership with on-demand delivery and mobility platform, Rapido for mobility and growth
By signing this MOU, TVS Motor and Rapido are bringing together their strength in mobility and seamless technology platform, respectively, to deliver a winning proposition to this demanding user base
The tie up will target the domestic market for now
Company makes a commitment for additional funding on the sidelines of Boris Johnson's India visit
Under this proposed partnership, the customers of TVS electric vehicles are expected to get access to the widespread charging network of Jio-bp, which is also open to other vehicles
Jio-bp is operating its EV charging and swapping stations under the brand Jio-bp pulse
TVS Motor Company registers sales of 307,954 units in March 2022 as against sales of 322,643 units in the month of March 2021.
Auto stocks are likely to react to the monthly sales reported over the last two days. Tata Motors and M&M sales reported strong sales.
The key exports include the TVS Apache series, TVS HLX series, TVS Raider, and TVS Neo series.
In Q3FY22, TVS Motor registered highest-ever operating Ebitda of Rs 568 crore, while margin improved 50 bps at 10 per cent from 9.5 per cent YoY
Bata India, Bharti Airtel, Data Patterns, Escorts, Godrej Consumer, Greaves Cotton, Gujarat Gas, IRCTC, J&K Bank, Jindal Steel, Latent View, NMDC, SJS Enterprises and TTML to report results today.
Speth had worked in companies like BMW, Premier Auto Group and Linde among others
Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.
At 10:42 am; Nifty Auto index, the top gainer among sectoral indices, was up 1.6 per cent, as compared to 0.39 per cent decline in the Nifty50 index.
The Company's total exports registered sales of 97,858 units in January 2022 as against sales of 100,926 units in the month of January 2021
This acquisition furthers TVS Motor's commitment towards e-personal mobility products, the company said.
This will be the firm's second acquisition in Switzerland in e-mobility space in FY22. It took an 80% stake in EGO Movement for $17.9 mn in Sept 2021
TVS said in a statement that the partnership highlights its commitment to strengthen electrification across diverse mobility segments