Cumulative sales grows 33%; crosses two million units
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
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.
Domestic sales of the company increased by 28% registering sales of
162,719 units in March 2011 against 126,696 units reported in March
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.
Exports increased 31% over the same month of the previous year
accounting for 26,979 units as against 20,585 units in the previous
year. During the month, the company exported 24,062 units of two
wheelers against 20,067 units in March 2010.
In March 2011, the company sold 4,427 units of three wheelers as against
2,431 units in the comparable month of the previous year. Cumulative
three wheeler sales for the period April 2010 to March 2011 grew by 166%
with sales of 39,860 units against 14,980 units.