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TVS Motor reports growth of 3% in January sales

01 Feb 2023 Evaluate

TVS Motor Company has registered a growth of 3% with sales increasing from 266,788 units in January 2022 to 275,115 units in January 2023. Total two-wheelers registered a growth of 4% with sales increasing from 254,139 units in January 2022 to 264,710 units in January 2023.

Motorcycle registered sales of 121,042 units in January 2023 as against 137,630 units in January 2022. Scooter registered a growth of 32% with sales increasing from 80,580 units in January 2022 to 106,537 units in January 2023. The electric scooter recorded its highest ever sales of 12,169 units in January 2023 as against sales of 1,529 units in January 2022. The Company's Three-wheeler registered sales of 10,405 units in January 2023 as against 12,649 units January 2022.

The Company's total exports registered sales of 57,024 units in January 2023 as against 97,858 units January 2022. Two-wheeler exports registered sales of 48,239 units in January 2023 as against 86,344 units January 2022.

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

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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