Corporate News     01-Feb-23
TVS Motor Company records 3% growth in Jan sales
TVS Motor Company registered a sales growth of 3% with sales increasing from 266,788 units in the month of January 2022 to 275,115 units in January 2023.

Two-Wheeler
Total two-wheelers registered a growth of 4% with sales increasing from 254,139 units in the month of January 2022 to 264,710 units in the month of January 2023. Domestic two-wheeler registered growth of 29% with sales increasing from 167,795 units in January 2022 to 216,471 units in January 2023.

Motorcycle registered sales of 121,042 units in January 2023 as against 137,630 units in January 2022. Scooter sales of the Company registered a growth of 32% with sales increasing from 80,580 units in the month of January 2022 to 106,537 units in the month of January 2023.

Electric Vehicle
TVS iQube Electric continues to delight customers with its technology prowess, and intelligent, personalised & connected experience. 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. TVS iQube Electric is now available in more than 100 cities across 200 touchpoints, selling more than 10,000 units for the third consecutive month with a strong order pipeline.

International Business
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. Given the macro-economic uncertainties in a few international markets, the company has reduced stock to enable the channel partners. Customer retails continue to be well ahead of the despatches. With reduced distributor stocks and improved retails, the Company is optimistic of improving despatches in the forthcoming months.

Three-Wheeler
Three-wheeler of the Company registered sales of 10,405 units in January 2023 as against 12,649 units January 2022.

Previous News
  Market trade near flat line; realty shares in demand
 ( Market Commentary - Mid-Session 02-Jul-24   10:36 )
  Indices trade near flat line; IT shares rally for 4th day
 ( Market Commentary - Mid-Session 02-Jul-24   12:32 )
  TVS Motor Company sells 3.17 lakh units in Mar'23
 ( Corporate News - 01-Apr-24   18:51 )
  TVS Motor Company director resigns
 ( Corporate News - 02-Mar-24   16:17 )
  TVS Motor launches 2024 TVS Apache RTR 160 Racing Edition
 ( Corporate News - 10-Jul-24   13:43 )
  TVS Motor Company consolidated net profit rises 15.14% in the March 2024 quarter
 ( Results - Announcements 08-May-24   17:41 )
  TVS Motor Company consolidated net profit rises 59.11% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:45 )
  TVS Motor Company redeems NCDs aggregating Rs 310 cr
 ( Corporate News - 26-Dec-23   17:44 )
  TVS Motor Company records 33% sales growth in Feb'24
 ( Corporate News - 01-Mar-24   19:28 )
  TVS Motor Company deploys additional service support
 ( Corporate News - 07-Dec-23   09:21 )
  TVS Motor hits record high after total sales jumps 33% YoY in Feb'24
 ( Hot Pursuit - 01-Mar-24   16:13 )
Other Stories
  Cipla announces resignation of director
  26-Jul-24   20:08
  Board of Cipla appoints directors
  26-Jul-24   20:07
  Cipla appoints senior management personnel
  26-Jul-24   20:06
  CG Power & Industrial Solutions allots 30,000 equity shares under ESOP
  26-Jul-24   20:04
  Infosys allots 86,477 equity shares under ESOP
  26-Jul-24   20:00
  CG Power & Industrial Solutions announces resignation of Head HR
  26-Jul-24   19:52
  Board of Gujarat Themis Biosyn appoints director
  26-Jul-24   19:50
  Sutlej Textiles and Industries announces change in senior management
  26-Jul-24   19:41
  Technvision Ventures announces cessation of director
  26-Jul-24   19:39
  Cholamandalam Investment & Finance Company appoints Ravindra Kumar Kundu as MD
  26-Jul-24   18:05
Back Top