TVS Motor posts 7% sales growth in March 2015

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Upcoming Motorcycles 2015 - TVS Draken

TVS Motor Company had a very good month in terms of sales last March, posting increased sales all around. The company posted a sales growth of 7% during the month of March 2015, with total sales amounting to 211,122 units in the month of March 2015 compared to 196,826 units in the corresponding month of last year. The company’s total exports grew by 42% with sales increasing from 29,944 units in the month of March 2014 to 42,637 units in March 2015. Two wheeler exports grew by 41% with sales increasing from 23,340 units in March 2014 to 32,810 units in March 2015.

Total two wheeler sales for TVS Motors increased by 6% from 188,822 units recorded in March 2014 to 200,238 units in March 2015. Domestic two wheeler sales grew from 165,482 units in March 2014 to 167,428 units in March 2015. Scooters sales of the company grew by 14% increasing from 47,766 units in March 2014 to 54,666 units in March 2015. Motorcycles sales grew by 13% increasing from 68,158 units in the month of March 2014 to 76,936 units in March 2015.

Three wheeler sales of the company registered an increase of 36%, growing from 8,004 units in March 2014 to 10,884 units in March 2015.

In Q4 of the current financial year, sales of TVS Motor grew 7% increasing from 5.60 lakh units recorded in Q4 ended March 2014 to 6.02 lakh units in the corresponding quarter this year. Total two wheeler sales grew by 7% increasing from 5.39 lakh units in Q4 of the previous year to 5.75 lakh units in Q4 of the current year. Total three wheeler sales grew by 22% increasing from 0.22 lakh units in Q4 of the previous year to 0.27 lakh units in Q4 of the current year.

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