Page 2 - Tvs Motor Sales

TVS Motor stock rises 6% after Q4 results meet street estimates

TVS Motor's profit zoomed 18.3 per cent on a year-on-year (Y-o-Y) basis to Rs 485.4 crore in March quarter of financial year 2024 (Q4FY24), from Rs 410 crore in the same quarter a year ago (Q4FY23)

TVS Motor Company sales increase by 33% to 368,424 units in February

TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023. Total two-wheeler sales registered a growth of 34 per cent to 3,57,810 units last month from 2,67,026 units in February last year, the company said in a statement. Domestic two-wheeler dispatches to dealers registered growth of 21 per cent at 2,67,502 units as compared with 2,21,402 units in the same period last year. The company said its electric vehicle sales stood at 17,959 units last month, an increase of 16 per cent, as compared with 15,522 units in February 2023.

TVS Motor vehicle sales grow 23% to 339,513 units in January 2024

TVS Motor reported a 23 per cent increase in vehicle sales to to 339,513 units in January. The company had recorded total sales of 275,115 units in January last year, TVS Motor said in a statement. Sale of two-wheelers registered a growth of 25 per cent with sales increasing from 264,710 units in January 2023 to 329,937 units in January 2024. Of this, domestic sales spiked 24 per cent to 268,233 units in the previous month, it said. In the two-wheeler segment, motorcycle volumes were up 29 per cent to 1,55,611 units from 1,21,042 units in January last year, it said. The scooter segment registered a growth of 24 per cent with sales increasing from 106,537 units in January 2023 to 132,290 units in January 2024, the company said. The company said in January, it also witnessed a 34 per cent year-on-year growth in electric vehicle sales at the at 16,276 units. According to the company, its total exports grew 22 per cent. Two-wheeler exports registered a growth of 28 per cent with sa

TVS Motor beats Q3 profit view on strong festive demand, sales up by 25%

Sales of motorcycles jumped about 20%, accounting for nearly half of the total business, while sales of less-expensive scooters surged 36.5%, boosting TVS' revenue by 26% to 82.45 billion rupees

TVS Motor says aiming for bigger market share in premium motorbike segment

Two and three-wheeler manufacturer TVS Motor is aiming to capture a bigger market share in the premium motorcycle segment, an official of the company said on Wednesday. The company enjoys the number two position in the premium motorbike segment in India, which is growing at 10 per cent at present, he said. Motorcycles having an engine displacement of 150 cc and above are categorised in the premium segment. "We enjoy the number two position in the premium segment in the Indian motorcycle market. We aim to have a bigger market share in this category," Vimal Sumbly, head (premium business) of TVS Motor said. Launching the TVS Apache RTR 310 in Kolkata, Sumbly said the company now offers premium motorcycles ranging from 160 cc to 310 cc displacements. "Our aim is to increase the volume of the premium motorcycle segment in the country. Now premiumisation in the motorcycle segment is taking place at a faster pace with improvement in infrastructure and rise in disposable incomes," he tol

TVS Motor November sales: Total sales up 31% YoY to 364,231 units

TVS sold a total of 16,872 units of electric two-wheelers in November 2023 as against 10,056 units sold in November 2022

TVS Motor plans to expand electric two-wheeler range over next 1 year

TVS Motor Company aims to expand its electric two-wheeler portfolio over the next one year as it looks to cater to customers at multiple price points, according to a top company official. The Chennai-based company, which currently has two e-scooters in its portfolio, also plans to expand its electric vehicle sales infrastructure going ahead. It is also developing an electric three-wheeler. "We are also planning to launch a series of products in the range of 5 to 25 kilowatts in the next year," TVS Motor Company Director and CEO K N Radhakrishnan said in an analyst call. He noted that with robust demand in the market, the company has ramped up the production capacity of electric scooter iQube to 25,000 units per month and plans to enhance it further going ahead. TVS plans to commence sales of its new electric scooter TVS X in the current quarter. Radhakrishnan said TVS has close to 400 touchpoints for e-scooters, and the company is continuously expanding the same. "With the produ

Auto major TVS Motor introduces NEO AMI 125 scooter in African market

The company has business in more than 80 countries which include geographies of Asia, Africa, and Latin America. Last week, the company announced its entry into the European market as well

TVS Motor posts 21% increase in total dispatches at 4,34,714 units

TVS Motor Company on Wednesday reported a 21 per cent increase in total dispatches to 4,34,714 units in October, its highest-ever monthly sales. The company sold 3,60,288 units in October last year, TVS Motor Company said in a statement. Two-wheeler sales were at 4,20,610 units in October as against 3,44,630 units in the year-ago period, up 22 per cent, it added. Domestic two-wheeler sales grew 25 per cent to 344,957 units in October as against 2,75,934 units a year ago. Motorcycles posted a growth of 23 per cent at 2,01,965 units last month, up from 1,64,568 units in October 2022, while scooter clocked 1,65,135 units as against 1,35,190 units, an increase of 22 per cent. TVS Motor Co said it sold 20,153 units of iQube electric scooter in October 2023 as against sales of 8,103 units in the same month last year. Three-wheeler sales were down to 14,104 units last month as compared to 15,658 units, it added. Total exports registered a growth of 6 per cent at 87,952 units in October

TVS September sales: Total sales up 6% at 402,553 units; exports up 8% YoY

Motorcycle sales for the company went up 10 per cent with TVS selling 169,322 units in September 2022 to 186,438 units in September 2023

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, 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

Riding your 2-wheeler without a helmet? Ola's upcoming tech won't allow it

Ola is not the only company making advances in this technology. TVS also recently announced that it was working to build a camera-based helmet reminder system

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

TVS Motor sales decline 3.6% in December as motorcycles hit rough patch

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

TVS Motor sales increases marginally by 2% to 277,123 units in Nov

TVS Motor Company on Thursday said its sales increased by 2 per cent to 2,77,123 units in November. The company had dispatched 2,72,693 units in the year-ago period. The domestic two-wheeler sales registered a growth of 9 per cent increasing to 1,91,730 units last month as against 1,75,940 units previous year. The company said its total exports stood at 84,134 units last month as compared with 96,000 units in the same month last year.