Corporate News     01-Feb-23
TVS Motor Company records 3% growth in Jan sales
TVS Motor Company registered a sales growth of 3% with sales increasing from 266,788 units in the month of January 2022 to 275,115 units in January 2023.

Two-Wheeler
Total two-wheelers registered a growth of 4% with sales increasing from 254,139 units in the month of January 2022 to 264,710 units in the month of January 2023. Domestic two-wheeler registered growth of 29% with sales increasing from 167,795 units in January 2022 to 216,471 units in January 2023.

Motorcycle registered sales of 121,042 units in January 2023 as against 137,630 units in January 2022. Scooter sales of the Company registered a growth of 32% with sales increasing from 80,580 units in the month of January 2022 to 106,537 units in the month of January 2023.

Electric Vehicle
TVS iQube Electric continues to delight customers with its technology prowess, and intelligent, personalised & connected experience. The electric scooter recorded its highest ever sales of 12,169 units in January 2023 as against sales of 1,529 units in January 2022. TVS iQube Electric is now available in more than 100 cities across 200 touchpoints, selling more than 10,000 units for the third consecutive month with a strong order pipeline.

International Business
The Company's total exports registered sales of 57,024 units in January 2023 as against 97,858 units January 2022. Two-wheeler exports registered sales of 48,239 units in January 2023 as against 86,344 units January 2022. Given the macro-economic uncertainties in a few international markets, the company has reduced stock to enable the channel partners. Customer retails continue to be well ahead of the despatches. With reduced distributor stocks and improved retails, the Company is optimistic of improving despatches in the forthcoming months.

Three-Wheeler
Three-wheeler of the Company registered sales of 10,405 units in January 2023 as against 12,649 units January 2022.

Previous News
  TVS Motor Company announces its presence in France
 ( Corporate News - 08-Mar-24   17:52 )
  TVS Motor Company sales volumes jump 12% in May'24
 ( Corporate News - 01-Jun-24   16:04 )
  TVS Motor launches TVS RONIN - a modern-retro motorcycle in Colombia
 ( Corporate News - 05-Apr-24   16:49 )
  TVS Motor Company to convene AGM
 ( Corporate News - 05-May-23   16:30 )
  TVS Motor Company launches operations in Italy
 ( Corporate News - 15-May-24   17:59 )
  TVS Motor Company Ltd gains for fifth session
 ( Hot Pursuit - 28-Nov-23   13:00 )
  TVS Motor Company appoints director
 ( Corporate News - 11-Sep-23   15:46 )
  TVS Motor divests stake in Emerald Haven Realty for Rs 167 cr
 ( Hot Pursuit - 16-Jun-23   10:08 )
  TVS Motor total sales climb 12% YoY in May’24
 ( Hot Pursuit - 01-Jun-24   16:29 )
  TVS Motor Company Ltd spurts 0.58%, gains for five straight sessions
 ( Hot Pursuit - 11-Sep-23   13:00 )
  TVS Motor forges strategic collaboration with ION Mobility
 ( Corporate News - 25-Oct-23   11:09 )
Other Stories
  Shyam Metalics & Energy appoints director
  04-Jul-24   11:44
  Amarjothi Spinning Mills reschedules AGM date
  04-Jul-24   10:33
  Prime Capital Market to declare Quarterly Result
  04-Jul-24   10:20
  Yes Bank to hold board meeting
  04-Jul-24   10:20
  Avenue Supermarts schedules board meeting
  04-Jul-24   10:20
  Greencrest Financial Services to table results
  04-Jul-24   10:19
  Indian Renewable Energy Deve. Agency to conduct board meeting
  04-Jul-24   10:19
  Arnold Holdings to hold board meeting
  04-Jul-24   10:19
  Kaiser Corporation to convene board meeting
  04-Jul-24   10:19
  Cranes Software International to table results
  04-Jul-24   10:16
Back Top