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TVS Motors sales fall 1.68% in September
Source: IRIS | 05 Oct, 2015, 11.33AM
Rating: NAN / 5 stars.
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TVS Motor Company, one of the largest two-wheeler manufacturers in India, recorded 1.68% fall in total sales of 232,775 units against 236,751 units recorded in the month of September 2014.

The company lost sales of 20,000 vehicles owing to non-availability of trucks due to transporters' strike.

The company's total exports grew by 33% to 41,435 units in September 2015 from 31,229 units in September 2014. Two wheeler exports grew by 30% to 30,908 units in September 2015 from 23,834 units in September 2014.

Total two wheeler sales stood at 221,002 units in September 2015 compared to 227,589 units sold in September 2014. Domestic two wheeler sales in September 2015 stood at 190,094 units against 203,755 units in September 2014.

Scooters sales of the company grew by 14% to 75,369 units in September 2015 increasing from 65,993 units in September 2014. Motorcycles sales stood at 90,378 units in September 2015 against 91,627 units in September 2014.

Three wheeler sales of the company registered an increase of 28% to 11,773 units in September 2015 growing from 9,162 units in September 2014.

Shares of the company declined Rs 0.6, or 0.26%, to trade at Rs 229. The total volume of shares traded was 40,101 at the BSE (11.29 a.m., Monday).

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