MoneyWorks4Me

TVS Motor reports 4% growth in October sales

01 Nov 2013 Evaluate

TVS Motor Company has registered 3.92% increase in total sales in October 2013 which stood at 1,97,905 units as against 1,90,438 units in the same month last year. The company’s total two-wheeler sales stood at 1,89,979  units in the month against 1,86,376 units in the year ago period, up 1.93%. Domestic two-wheeler sales surged 1.78% at 1,73,229 units in the month under review against 1,70,273 units in October 2012.

Moreover, the Motorcycles sales grew by 13.30% to 82,352 units in October from 72,687 units in the same month last year, however scooters sales decreased by 4.20% to 42,124 units as against 43,973 units in the same month last year.

The exports during the month grew by 24.73% at 23,154 units in October 2013 as compared to 18,563 units in the corresponding period last year. Two wheeler exports registered a growth of 4.02% with sales growing from 16,750 units in October 2012 to 16,103 units in October 2013.

The company witnessed a significant increase in sales of three wheelers with sales growing by 95.13% from 7,926 units in October 2012 to 4,062 units in October 2013.

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
View more..