4th Oct 2024 Bengaluru, Karnataka, India TVS Motor Company recorded monthly sales of 482,495 units in September 2024 with a growth of 20% as against 402,553 units in September 2023.
Two-Wheeler
Total two-wheelers registered a growth of 22% with sales increasing from 386,955 units in September 2023 to 471,792 units in September 2024. Domestic two-wheeler registered growth of 23% with sales increasing from 300,493 units in September 2023 to 369,138 units in September 2024.
Motorcycles registered a growth of 23% with sales increasing from 186,438 units in September 2023 to 229,268 units in September 2024. Scooter registered a growth of 20% with sales increasing from 155,526 units in September 2023 to 186,751 units in September 2024.
Electric Vehicle
EV sales registered a growth of 42% with sales increasing from 20,356 units in September 2023 to 28,901 units in September 2024.
International Business
The Company’s total exports registered a growth of 11% with sales increasing from 100,294 units in September 2023 to 111,007 units in September 2024. Two-wheeler exports registered a growth of 19% with sales increasing from 86,462 units in September 2023 to 102,654 units in September 2024.
Three-Wheeler
Three-wheelers registered sales of 10,703 units in September 2024 as against 15,598 units in September 2023.
Second Quarter Sales Performance FY 2024-25:
During the second quarter of the financial year 2024-25, the two-wheeler of the company registered a growth of 15% with sales increasing from 10.31 Lakh units in the second quarter of financial year 2023-24 to 11.90 Lakh units in the second quarter of 2024-25. Three-wheelers of the company registered sales of 0.38 Lakh units in the second quarter of the financial year 2024-25 as against 0.43 Lakh units in 2023-24. Total exports registered a growth of 11% with sales increasing from 2.77 Lakh units in the second quarter of FY 2023-24 to 3.09 Lakh units in the current quarter.