TVS Motor Company Registers Strong Sales Growth in March
TVS Motor Company reported a 17% increase in total sales in March, reaching 4,14,687 units. Two-wheeler sales rose 16%, and electric vehicle sales jumped 77%. Three-wheeler sales grew by 44%, and exports increased by 23%. The company saw a 13% growth in the fiscal year 2024-25.
- Country:
- India
In a recent report, TVS Motor Company announced a notable 17% rise in total sales for March, totaling 4,14,687 units, compared to 3,54,592 units a year earlier.
Total two-wheeler sales increased by 16% to 4,00,120, while domestic sales saw a 14% growth, reaching 2,97,622 units. The company's electric vehicle segment experienced a significant surge of 77% last month, attaining 26,935 units over 15,250 units in March 2024.
The three-wheeler sales also saw an upswing of 44% to 14,567 units. Export figures rose by 23% to 1,13,464 units, according to the company's statement. Over the fiscal year 2024-25, TVS Motor's overall units grew by 13%, with specific growth in two-wheeler sales and a slight decline in three-wheeler sales.
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