TVS Motor reports 16% jump in July sales

01 Aug 2011 Evaluate

Two-wheeler maker, TVS Motor Company has reported a growth of 16% in its July sales. The company has sold total of 1,92,000 units in July 2011 as compared to 1,66,214 units in July 2010. The cumulative sales of the company for the period April to July 2011 thus stood at 7,28,130 units up by 16%.

Two wheeler sales have increased by 16% during the month under review to 1,88,500 units from 1,63,106 units for the year ago period. While, three wheeler sales jumped to 3,500 units in July 2011 from 3,108 units in July 2010, registering a growth of 13%.  Scooter sales grew by 24% in the last month to 50,000 units as compared to 40,357 units in the same month of 2010. The company’s domestic two wheelers sales for the reporting month stood at 1,63,500 units, up 14% over 1,43,039 units in July 2010. Export sales grew by a 29% in the previous month to 27,500 units from 21,273 units in the year ago period.

TVS Motor Share Price

2502.40 60.45 (2.48%)
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TVS Motor 2502.40
Eicher Motors 4925.75
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