HomeNewsTVS Motor Company reports 22 percent Growth in March 2022 Domestic Sales

TVS Motor Company reports 22 percent Growth in March 2022 Domestic Sales

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TVS Motor Company registered a growth of 3% with sales increasing from 307,954 units in the month of March 2022 to 317,152 units in March 2023. Total two-wheelers registered a growth of 5% with sales increasing from 292,918 units in the month of March 2022 to 307,559 units in March 2023. Domestic two-wheeler registered growth of 22% with sales increasing from 196,596 units in March 2022 to 240,780 units in March 2023.

Motorcycle registered sales of 141,250 units in March 2023 as against 160,522 units in March 2022. Scooter sales registered a growth of 5% with sales increasing from 94,747 units in the month of March 2022 to 128,817 units in March 2023.

TVS iQube electric recorded sales of 15,364 units in March 2023 as against sales of 1,799 units in March 2022. The Companys total exports registered sales of 75,037 units in March 2023 as against 109,724 units March 2022. Two-wheeler exports registered sales of 66,779 units in March 2023 as against 95,962 units March 2022.Three-wheeler of the Company registered sales of 9,593 units in March 2023 as against 15,036 units March 2022.

During the fourth quarter of the financial year 2022-23, two-wheeler of the company registered sales of 8.40 Lakh units of sales as against 8.15 Lakh units registered in the fourth quarter of financial year 2021-22. Three-wheeler of the company registered sales of 0.29 Lakh units in the fourth quarter of financial year 2022-23 as against 0.42 units in the fourth quarter of the financial year 2021-22. Total exports registered sales of 1.85 lakh units in the current quarter as against 3.15 lakh units in the third quarter of FY 21-22.

Disclaimer: The views expressed in the article above are those of the authors’ and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. Vandi4u holds no responsibility for its content.

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