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TVS Motor’s sales in January 2021 grow by 31%

01 Feb 2021 Evaluate

TVS Motor Company’s sales grew by 31% registering 307,149 units in January 2021 as against 234,920 units in the month of January 2020. Total two-wheelers sales grew by 34% recording 294,596 units in January 2021 as against 220,439 units in January 2020. Domestic two-wheeler sales grew by 26% registering 205,216 units in January 2021 as against 163,007 units in January 2020. Motorcycle grew by 45% recording 136,790 units in January 2021 as against 94,367 units in January 2020. Scooter sales of the Company grew by 36% registering 98,319 units in January 2021 as against 72,383 units in January 2020.

The Company's total exports grew by 43% registering 100,926 units in the month of January 2021 as against 70,784 units in January 2020. Two-wheeler exports registered a growth of 56% with 89,380 units in January 2021 as against 57,432 units in January 2020, despite scarcity in availability of containers. The demand in export market continues to be robust.

Three-wheeler of the Company registered sales of 12,553 units in January 2021 as against 14,481 units in January 2020.

TVS Motor Company is a reputed two and three-wheeler manufacturer.

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
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