Corporate News     01-Jan-24
TVS Motor Company Dec sales grow by 25%
Sells 3.01 lakh units in Dec'23

TVS Motor Company recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022.

Total two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 units in December 2023. Domestic two-wheeler registered growth of 33% with sales increasing from 161,369 units in December 2022 to 214,988 units in December 2023.

Motorcycle registered a growth of 19% with sales increasing from 124,705 units in December 2022 to 148,049 units in December 2023. Scooter registered a growth of 34% with sales increasing from 76,766 units in December 2022 to 103,167 units in December 2023.

The Company sold 11,232 units in December 2023 as against sales of 11,071 units in December 2022.

The Company's total exports grew by 8% increasing from 79,402 units registered in December 2022 to 85,391 units in December 2023. Two-wheeler exports registered a growth of 13% with sales increasing from 66,297 units registered in December 2022 to 75,076 units in December 2023. The markets in IB have shown positive growth and the momentum will further improve.

Three-wheeler of the Company registered sales of 11,834 units in December 2023 as against 14,346 units in December 2022.

During the third quarter of the current financial year, two-wheelers posted a robust growth of 27% with sales of 10.6 lakh units as against sales of 8.4 lakh units in the third quarter of FY 22- 23. Three-wheeler of the Company registered sales of 0.38 lakh units in the third quarter of the current year as against 0.43 lakh units in the third quarter of FY 22-23. Two-wheeler sales include EV sales of 0.48 lakh units in the third quarter of FY 23-24 as against 0.29 lakh units in the third quarter of FY 22-23 with a growth of 65%.

Previous News
  TVS Motor Company
 ( Results - Analysis 07-Aug-24   10:08 )
  Volumes jump at Sunteck Realty Ltd counter
 ( Hot Pursuit - 19-Sep-24   11:00 )
  TVS Motor Company Ltd up for third consecutive session
 ( Hot Pursuit - 11-Jul-24   13:05 )
  TVS Motor launches TVS RONIN - a modern-retro motorcycle in Colombia
 ( Corporate News - 05-Apr-24   16:49 )
  Ecofy partners with TVS Motor
 ( Corporate News - 09-Oct-24   11:44 )
  TVS Motor Co registers total auto sales of 3.33 lakh units in June'24
 ( Hot Pursuit - 02-Jul-24   10:51 )
  TVS Motor Company standalone net profit rises 68.21% in the December 2023 quarter
 ( Results - Announcements 24-Jan-24   17:36 )
  TVS Motor Company Ltd slips for fifth straight session
 ( Hot Pursuit - 16-Apr-24   13:35 )
  TVS Motor Company records 9% growth in July sales
 ( Corporate News - 01-Aug-24   18:51 )
  TVS Motor Company consolidated net profit rises 59.11% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:45 )
  TVS Motor sales jumps 25% YoY in Dec'23
 ( Hot Pursuit - 02-Jan-24   10:30 )
Other Stories
  Paramount Communications receives upgrade in LT rating for bank facilities
  02-Dec-24   20:04
  Advait Energy Transitions declared qualified bidder by Gujarat Urja Vikas Nigam
  02-Dec-24   19:46
  Solar Industries India wins exports orders worth Rs 2039 cr
  02-Dec-24   19:45
  Dixon Technologies allots 4,400 equity shares under ESOP
  02-Dec-24   19:43
  Protean eGov Technologies receives work order of Rs 161 cr from CERSAI
  02-Dec-24   19:39
  Board of LS Industries approves loan of Rs 25 cr to SB Infosoft India
  02-Dec-24   19:38
  Nazara announces investment of Rs 196 cr in new and existing ventures
  02-Dec-24   19:33
  HCL Technologies collaborates with Google Cloud Security
  02-Dec-24   19:22
  Pricol to acquire SACL's injection moulding business
  02-Dec-24   19:16
  Board of Pricol approves acquisition of plastic component division of Sundaram Auto Components
  02-Dec-24   19:12
Back Top