Tvs Motors Half-Year (April to September) Sales Result

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TVS Motor Company has reported a revenue growth of 18.2{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} for the quarter ended September 2017.During the quarter ended September 2017, the overall two-wheeler sales of the Company including exports grew by 16.1{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 9.23 lakh units in the quarter ended September 2017 from 7.95 lakh units in the quarter ended September 2016.Motorcycles sales grew by 9.9{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 3.65 lakh units in the quarter ended September 2017 from 3.32 lakh units registered in the second quarter of 2016-17. Scooter sales increased to 3.28 lakh units in the second quarter of 2017-18 from 2.29 lakh units in the second quarter of 2016-17 registering a growth of 43.2{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24}.

The Company exported 1.48 lakh units of two and three wheelers in the quarter under review as against 1.12 lakh units in the second quarter of 2016-17 registering a growth of 32.1{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24}.

Three wheelers sales registered a growth of 23.8{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 25248 units in the quarter under review as against 20401 units in the second quarter of 2016-17.

The total two-wheeler sales of the Company for the half-year ended September 2017 grew by 14.2{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 17.08 Lakh units as against 14.96 Lakh units recorded in the half-year ended September 2016.

Scooter sales grew by 37.6{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} in the half-year ended September 2017 to 5.86 Lakh units as against 4.26 Lakh units in the half-year ended September 2016.

Sales of motorcycle during the half-year ended September 2017 grew by 13{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 6.95 Lakh units as against 6.15 Lakh units in the half year ended September 2016.

Two and three-wheeler exports of the company increased to 2.73 Lakh units in the half-year ended September 2017 as against 2.16 Lakh units in the half-year ended September 2016 registering a growth of 26.4{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24}.

Three-wheeler sales for the half-year ended September 2017 grew by 12{3eb5ecf1d2f2ded33f3402e23daa92fa26040127f98c5698cfa7c8d6059cbb24} to 42285 units as against 37738 units in the half-year ended September 2016.

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