TVS Motor Company registered a sales growth of 27% increasing from 256,341 units in March 2017 to 326,659 units in the month of March 2018.
Total two-wheelers registered growth of 25.8% with sales increasing from 250,979 units in March 2017 to 315,765 units in March 2018. Domestic two-wheelers recorded growth of 22.2% with sales increasing from 216,995 units in March 2017 to 265,166 units in March 2018.
Scooter sales of the company grew by 20.0% from 84,173 units in March 2017 to 100,972 units in March 2018. Motorcycles sales grew by 40.5% with sales increasing from 95,671 units in March 2017 to 134,412 units in March 2018.
The company's total exports grew by 55.0% from 38,462 units registered in the month of March 2017 to 59,628 units in March 2018. Two-wheeler exports grew by 48.9% increasing from 33,984 units in March 2017 to 50,599 units in March 2018.
Three-wheeler of the company grew by 103.2% increasing from 5,362 units in March 2017 to 10,894 units registered in March 2018.
Shares of the company declined Rs 5.4, or 0.82%, to trade at Rs 656.90. The total volume of shares traded was 10,267 at the BSE (9.36 a.m., Tuesday).