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TVS Motor Company posts 18% sales growth in July 2018
Source: IRIS | 01 Aug, 2018, 01.54PM
Rating: NAN / 5 stars.
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TVS Motor Company registered a sales growth of 18% increasing from 271,171 units in July 2017 to 321,179 units in the month of July 2018.

Total two-wheelers registered growth of 17% with sales increasing from 263,336 units in July 2017 to 307,856 units in July 2018. Domestic two-wheelers recorded growth of 13% with sales increasing from 219,396 units in July 2017 to 247,382 units in July 2018.

Scooter sales of the Company grew by 29% from 92,378 units in July 2017 to 118,996 units in July 2018. Motorcycles sales grew by 11% with sales increasing from 109,427 units in July 2017 to 121,434 units in July 2018.

The company's total exports grew by 42% from 50,957 units registered in the month of July 2017 to 72,242 units in July 2018. Two-wheeler exports grew by 38% increasing from 43,940 units in July 2017 to 60,474 units in July 2018.

Three-wheeler of the Company grew by 70% increasing from 7,835 units in July 2017 to 13,323 units registered in July 2018.

Shares of the company gained Rs 2.3, or 0.44%, to trade at Rs 519.75. The total volume of shares traded was 54,270 at the BSE (1.46 p.m., Wednesday).

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