Interview with S G Murali, Chief Financial Officer, TV Motor
Domestic sales of mopeds have grown by almost 27% to 7.6 lakh units during April-December period of FY17
In recent years, logistics has been one of the major growth drivers for the group
Domestic slowdown has lead to the drop in overall sales of two-wheelers
To help customers enhance their riding experience
Exports decline by 15.7% during the month
Sources said it will be a 310cc vehicle
The company has reported a revenue growth of 20.6% for the quarter ended September 2016
In 2016-17, TVS targets 15% volume growth, against the estimated industry growth of 8-10%
Scooter sales grew by 12.7 per cent from 75,307 units in the month of September 2015 to 84,850 units in September 2016
The stock up nearly 4% to Rs 340 on the BSE, close to its 52-week high of Rs 341 touched on April 20, 2016 in intra-day trade.
Exports decline 20 per cent during the month, compared to same month last year
11 women riders from across India ride to world's highest motorable road, Khardung La, on TVS Scooty Zest 110
TVS Motor plans to refresh its product line-up to lend a fresh edge to its offerings
Firm expects double-digit EBITA margin growth in the next 2-3 years
First product to be launched after October by BMW, while TVS to roll out first product by fiscal year-end
Company expects two-wheeler industry to register 8-10% growth for 2016-17
Domestic sales grew by 18.7%, scooter sales remain flat
Interview with TVS Motor chief financial officer
However, shares of the company were trading 3.16% down at Rs 291.15 on BSE