TVS Motor sales grew by 22% YoY in October

TVS Motor Company ltd. October sales grew by 22% YoY registering 394,724 units in the month. It had recorded 323,368 units in the month of October 2019.

TVS Motor Company ltd. October sales grew by 22% YoY registering 394,724 units in the month. It had recorded 323,368 units in October 2019.

The company stated in its BSE regulatory filing. “Total two-wheelers sales grew by 24% recording 382,121 units in October 2020 as against 308,161 units in October 2019. Domestic two-wheeler sales posted a growth of 19% registering 301,380 units in October 2020 as against 252,684 units in October 2019. Motorcycle grew by 38% recording 173,263 units in October 2020 as against 125,660 units in October 2019. Scooter sales of the Company grew by 5% registering 127,138 units in October 2020 as against 121,437 units in October 2019.”

Advertisement

“The Company’s total exports grew by 33% registering 92,520 units in the month of October 2020 as against 69,339 units in October 2019. Two-wheeler exports registered a growth of 46% with 80,741 units in October 2020 as against 55,477 units in October 2019.”