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Thread: TVS Motorís total sales up 33 p.c. in 2010-11

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    Post 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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    Thumbs up TVS Motorís total sales up 33 p.c. in 2010-11

    New Delhi, April 1, 2011 | PTI

    Chennai-based TVS Motor Company today reported a 28.16 per cent jump in sales for March to 1,91,208 units from 1,49,194 units in the corresponding month of 2010. For the entire 2010-11 fiscal, the companyís sales jumped by 33.17 per cent to 20,46,668 units from 15,36,919 units in the previous fiscal, TVS Motor Company said in a statement.

    During March, 2011, TVS Motorís two-wheeler sales witnessed a 27.27 per cent increase at 1,86,781 units from 1,46,763 units in the same month last year, it added. Motorcycle sales of the company rose by 24.16 per cent last month to 79,642 units from 64,147 units in the year-ago period, it said.

    The domestic two-wheeler makerís sales in March, 2011, stood at 1,62,719 units, up 28.43 per cent over 1,26,696 units in the same month of 2010.
    The company said its exports of two-wheelers during the month rose by 31.06 per cent to 26,979 units, as against 20,585 units in March, 2010.

    Total three-wheeler sales also soared by 82.11 per cent to 4,427 units in last month from 2,431 units in the same month of 2010, the statement said. During the 2010-11 fiscal, TVS Motor Companyís total two-wheeler sales rose by 31.86 per cent to 20,06,808 units from 15,21,939 units in the previous fiscal.

    H. S. Goindi, President Marketing TVS Motors during the launch of India's first Motorcycle with ABS Apache "RTR 180 ABS" (Anti-lock Braking System technology), in New Delhi on March 11, 2011. Photo: Shanker Chakravarty

    Source : The Hindu : Business / Companies : TVS Motorís total sales up 33 p.c. in 2010-11
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    very good news........................

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