Page 7 - Tvs Motor Company

TVS Motors July sales: Total 2W sales up 4% YoY, exports down 20%

The company's total exports registered a 20% YoY dip with sales of 89,213 units in July 2023 as against 112,032 units in July 2022

TVS Motor Q1 results: Net profit rises 42% to Rs 434 cr, revenue up 24%

The overall two-wheeler and three-wheeler sales including exports grew by 5% registering sales of 9.53 lakh units in the quarter ended June 2023

TVS Motor Q1FY24 results: Net profit rises 42.2% to Rs 434.3 crore

The overall two-wheeler and three-wheeler sales including exports grew by 5% registering sales of 953,000 units in the quarter ended June 2023

TVS Motor partners with Indian Army to celebrate Kargil Vijay Diwas

An all-women motorcycle rally has been organised to commemorate the Kargil Vijay Diwas. As a part of this, 25 women riders will ride TVS Ronin motorcycles to Dras

TVS Motor Company reports 3% jump in its total vehicle sales in June

The sale of its electric scooter, TVS iQube Electric, recorded a 209 per cent jump

TVS expects growth momentum to continue this fiscal, economy likely to grow

TVS Motor Company expects growth momentum to continue in the current fiscal, with the overall economy anticipated to grow at a robust pace and a continuous improvement in the road infrastructure. According to the company, the premium bikes and scooter segment is likely to grow on the back of a rise in overseas shipments and higher penetration of electric two-wheelers this fiscal. In its Annual Report for 2022-23, the company stated that it maintains a cautiously optimistic view regarding the current fiscal. In spite of the difference in the specific forecast, the almost common agreement is that India's GDP growth will remain the highest among all major economies, it stated. Improving road infrastructure and the economic environment with mass transit systems will further drive the demand for mobility for the masses, TVS Motor said. This demand is today best served by the two-wheeler segment, making its fundamentals very attractive considering a resurgent India, it added. "Due to t

TVS, Zomato form alliance to ensure greener, cheaper last-mile mobility

As a part of the partnership, TVS will develop electricity-powered two-wheelers which will be used by Zomato delivery personnel

Triumph's Speed 400 and Scrambler 400 X unveiled, India-launch on July 5

These bikes are likely to heat up competition for the market leader in the segment, Royal Enfield

We will bring vehicles that will run 100% on ethanol soon: Nitin Gadkari

Toyota will launch Camry in August this year which will run 100% on ethanol. The car will also generate 40% electric power

TVS Motor Company sells entire 43.54% stake in Emerald Haven Realty

Indian Navy partners with TVS Motor Company as part of its 'Azadi Ka Amrit Mahotsav' celebrations

Hero launches its 160R 4V priced at Rs 1.27 lakh, bookings start today

For agility, Hero has kept the weight of the motorcycle low at 145kg

FAME II subsidy impact: TVS revises IQube prices by Rs 17,000-20,000

Ola Electric, Ather Energy have reportedly slashed prices too after the government revised support programme

TVS Motor, Bajaj-Auto: Auto index hits record high, may rise up to 5%

Selective automobile stocks may soar up to 15%, show charts

TVS Motor vrooms 5%, hits 52-week high on better-than-expected Q4 result

TVS Motor Company posted a 22 per cent rise in consolidated net profit at Rs 336 crore

Hero Moto, SpiceJet, AEL, TVS Motor among top 10 stocks to watch on Friday

Stocks to watch on May 05, 2023: Adani Power, Bharat Forge, Blue Dart, Britannia, Equitas SFB, Federal Bank, Marico and Paytm on investors radar ahead of Q4 earnigns today.

TVS Motor Q4 net profit rises 22% to Rs 336 crore on rise in sales

The revenue for the entire year increased from Rs 24,355 crore last year to Rs 31,974 crore in 2022-23

TVS Motor gains 3%, hits record high on healthy demand outlook

In the past one month, TVS Motor has outperformed the market by surging 13 per cent, as compared to 3.6 per cent rise in the S&P BSE Sensex and 7 per cent rally in the S&P BSE Auto index

TVS Motor Company's Singapore arm to buy 25% stake in Killwatt GmbH

TVS Motor Company on Tuesday said its Singapore-based arm will acquire a 25 per cent stake in Germany-based electric mobility products and components startup Killwatt GmbH. TVS Motor (Singapore) Pte Ltd, has agreed to acquire a 25 per cent stake in Killwatt GmbH by way of newly issued shares of the latter, amounting to 8,500 common equity shares, the company said in a regulatory filing. The shares are acquired at cash consideration of 235.29 euros per share, translating to a total of nearly 2 million euros (nearly Rs 18 crore). Killwatt's business comprises development, design, manufacture, sale and distribution of high-tech products and components in the field of electric two-wheeler and three-wheeler vehicles, it added. "Killwatt presents great potential which has been conceptualised by the company. This acquisition is aligned with our larger vision of becoming a leading player in the e-personal mobility space and providing our customers with sustainable mobility solutions, and i

TVS Motor Company records increase in March sales by 3% to 317,152 units

TVS Motor Company on Saturday reported a 3 per cent growth in sales at 3,17,152 units in March 2023, as against 3,07,954 units sold in the same month last year. Total two-wheelers sales grew 5 per cent last month to 3,07,559 units, as compared to 2,92,918 units in March 2022, TVS Motor Company said in a statement. Domestic two-wheeler sales were at 2,40,780 units last month, as compared to 1,96,596 units in the year-ago period, up 22 per cent, it added. The company said sales of its TVS iQube electric scooter were at 15,364 units in March 2023, as against sales of 1,799 units in the same month last year. Three-wheeler sales were down at 9,593 units last month, as against 15,036 units in March 2022, it added. Total exports were also lower at 75,037 units in March 2023, as against 1,09,724 units in March 2022. Two-wheeler exports stood at 66,779 units last month, as against 95,962 units a year ago.

TVS Motor records 1.97% decline in sales at 276,150 units in February

Two- and three-wheeler maker TVS Motor witnessed a 1.97 per cent decline in sales in February with sales of 2,76,150 units, the company said on Wednesday. The city-headquartered company had sold 2,81,714 units during the corresponding month of last year. Total two-wheeler sales in February 2023 marginally fell to 2,67,026 units from 2,67,625 units recorded in the same month of last year. Two-wheeler sales in the domestic market grew by 28 per cent to 2,21,402 units from 1,73,198 units sold in February 2022. Sales of motorcycles dropped to 1,26,243 units in February 2023 as compared to 1,43,523 units recorded in the same month of last year. Scooter sales witnessed a 21 per cent jump by registering 1,04,825 units in February 2023 from 86,616 units sold in February 2022, the company said. On its electric vehicle business, TVS Motor said it recorded its highest ever sales of 15,522 units in February 2023 breaching the 15,000-mark as compared to 2,238 units sold in the corresponding m