TVS Motor Has Registered A 15 Percent Volume Growth Led

TVS Motor has registered a 15 percent volume growth led by strong rise in scooters and three-wheeler.

The company sold 8.26 lakh units in quarter gone by, against 7.18 lakh units sold in corresponding quarter.

Domestic volumes rose 10.5 percent YoY to 6.85 lakh units from 6.20 lakh units and export volumes climbed 41 percent to 1.40 lakh units from 98,657 units.

Motorcycle sales volumes in Q3 increased 27 percent year-on-year to 3.14 lakh units, from 2.47 lakh units; and scooter volumes jumped 21 percent to 2.69 lakh units from 2.21 lakh units.

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