MoneyWorks4Me

TVS Motor Company reports 12% rise in two-wheeler sales in FY19

02 May 2019 Evaluate

TVS Motor Company has reported 11.6% growth in two-wheeler sales during the year ended March 2019. The company’s two-wheeler sales including exports stood at 33.67 lakh units registered in the year 2017-18 to 37.57 lakh units in the year 2018-19. Motorcycle sales during the fiscal year grew by 15% increasing from 13.56 lakh units in the year ended March 2018 to 15.59 lakh units in the year ended March 2019.

The company’s Scooter sales grew by 14.6% increasing from 11.35 lakh units in the year ended March 2018 to 13.01 lakh units in the year ended March 2019. Three-wheeler sales increased by 57.6% from 0.99 lakh units in the year ended March 2018 to 1.56 lakh units in the year ended March 2019.

The total export of the company recorded a growth of 32.8% increasing from 5.74 lakh units in the year ended March 2018 to 7.62 lakh units in the year ended March 2019.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
View more..