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20 April, 2024 13:18 IST
TVS Motor Company posts 15% sales growth in June 2018
Source: IRIS | 02 Jul, 2018, 03.33PM
Rating: NAN / 5 stars.
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TVS Motor Company registered a sales growth of 15% increasing from 273,791 units in June 2017 to 313,614 units in the month of June 2018.

Total two-wheelers registered growth of 12.1% with sales increasing from 268,638 units in June 2017 to 301,201 units in June 2018. Domestic two-wheelers recorded growth of 7.7% with sales increasing from 228,518 units in June 2017 to 246,176 units in June 2018.

Scooter sales of the company grew by 13.6% from 90,448 units in June 2017 to 102,763 units in June 2018. Motorcycles sales grew by 14.9% with sales increasing from 112,146 units in June 2017 to 128,825 units in June 2018.

The company's total exports grew by 48.6% from 44,389 units registered in the month of June 2017 to 65,971 units in June 2018. Two-wheeler exports grew by 37.2% increasing from 40,120 units in June 2017 to 55,025 units in June 2018.

Three-wheeler of the Company grew by 140.9% increasing from 5,153 units in June 2017 to 12,413 units registered in June 2018.

During the first quarter of the current financial year, two-wheeler sales grew by 13.7% increasing from 7.85 lakh units in the first quarter of the previous year to 8.93 lakh units in the first quarter of the current year. Sales of three-wheelers of the Company grew by 108.5% increasing from 0.17 lakh units in the first quarter of the previous year to 0.36 lakh units in the first quarter of the current year.

Shares of the company gained Rs 3.55, or 0.64%, to trade at Rs 555.85. The total volume of shares traded was 108,101 at the BSE (3.19 p.m., Monday).

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