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TVS Motor Company posts 28% growth in March 2011

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  • TVS Motor Company posts 28% growth in March 2011

    Consistent contributions from all segments of the two and three wheeler industries during the current fiscal has enabled TVS Motor Company to achieve its stated guidance of two million in sales. The company registered an overall growth of 28% in the month of March 2011 with sales of 191,208 units as against 149,194 units in the same month of the previous year.

    The company's cumulative sales grew 33% with sales of 2,046,668 units for the period April 2010 to March 2011 against 1,536,919 units registered in the previous comparable period.

    Total two wheeler sales of the company grew by 27% recording sales of 186,781 units in March 2011 against 146,763 units registered in March 2010.

    Cumulative two wheeler sales for the period April 2010 to March 2011 grew by 32% with sales of 2,006,808 units over 1,521,939 units in April to March 2010.

    Scooter sales continued to impress, growing by 50% with sales of 42,655 units compared to 28,504 units recorded in March 2010. Motorcycles grew 24% accounting for sales of 79,642 units in March 2011 as against 64,147 units in March 2010.
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