Cars in India | Autoportal.com

TVS off to Jupiter, revenue shoots up 35% in Q2!!

TVS off to Jupiter, revenue shoots up 35% in Q2!!

Snapshot: TVS has grown 35% in revenues in Q2!

- Comments    |    Write Comment

TVS is on a roll, it has gone ahead of Bajaj in terms of sales in October 2014 and now reports are coming which indicate that the Hosur based company has grown a outstanding 35% n terms of revenue in Q2, ending September 2014. Total revenue grew from Rs. 1,988.4 crores in the quarter ended September 2013 to Rs. 2,683.1 crores in the quarter under review.

Total two-wheeler sales of the company grew by 35% in the quarter ended September 2014, increasing from 4.79 lakh units in the corresponding quarter of the previous year to 6.48 lakh units in the quarter ended September 2014. Motorcycle sales grew by 29% increasing from 1.97 lakh units in the quarter ended September 2013 to 2.55 lakh units in the quarter ended September 2014. Scooter sales grew by 68% in the quarter ended September 2014 increasing from 1.16 lakh units recorded in the quarter ended September 2013 to 1.95 lakh units in the quarter under review.

Three wheeler sales during the quarter ended September 2014 grew by 24% increasing from 22,606 units in the quarter ended September 2013 to 27,946 units in the quarter ended September 2014.Two and three wheeler exports of the company registered a growth of 29% with sales increasing from 0.80 lakh units in the quarter ended September 2013 to 1.03 lakh units in the quarter ended September 2014.

During the quarter ended September 2014, the company launched TVS Scooty Zest 110, expanding its scooter portfolio. With this, TVS Motor Company now has the widest range of scooters in the country. TVS Jupiter and TVS StaR City + launched earlier continued its upward trend.

During the quarter, PT TVS Motor Company Indonesia registered total two wheeler sales of 6752 units compared to 5187 units sold in the corresponding quarter of the previous year.

 

Related car news

  • Honda 2 Wheelers India Deliver 50,000 Vehicles on Day 1 Navratri 25-09-2017 Mayank Gupta Honda 2 Wheelers India Deliver 50,000 Vehicles on Day 1 Navr...
  • Current offers and Discount on Maruti, Tata, Hyundai & Honda Cars – September 2017 25-09-2017 Davender Soni Current offers and Discount on Maruti, Tata, Hyundai & Honda...
  • Jeep Compass Petrol Automatic Production Starts; Deliveries Post Diwali 22-09-2017 Autoportal Team Jeep Compass Petrol Automatic Production Starts; Deliveries...
  • Mercedes Benz India Delivers 51 Cars in One Day in Kolkata 25-09-2017 Mayank Gupta Mercedes Benz India Delivers 51 Cars in One Day in Kolkata
  • Video - Ferrari powered Toyota GT4586 suffers crash during drifting 24-09-2017 Autoportal Team Video - Ferrari powered Toyota GT4586 suffers crash during d...
  • London strips Uber License, Can no longer run taxi in the city 23-09-2017 Autoportal Team London strips Uber License, Can no longer run taxi in the ci...
Helpline