Monday 2 March 2015

TVS Motor Company trades jubilantly on posting 15% sales growth in February 2015.

     TVS Motor Company has posted a sales growth of 15% during the month of February 2015, with total sales increasing from 177,662 units recorded in the month of February 2014 to 204,565 units in the month of February 2015. The Company's total exports grew by 35% with sales increasing from 28,782 units in the month of February 2014 to 38,725 units in February 2015. Two wheeler exports grew by 36% with sales increasing from 22,713 units in February 2014 to 31,001 units in February 2015.
     Total two wheeler sales increased by 15% from 170,293 units recorded in February 2014 to 195,509 units in February 2015. Domestic two wheeler sales grew by 11% increasing from 147,580 units in February 2014 to 164,508 units in February 2015.
     Scooters sales of the Company grew by 35% increasing from 41,990 units in February 2014 to 56,750 units in February 2015. Motorcycles sales grew by 18% increasing from 62,762 units in the month of February 2014 to 74,292 units in February 2015. Besides, three wheeler sales of the Company registered an increase of 23%, growing from 7,369 units in February 2014 to 9,056 units in February 2015
     TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.
     TVS Motor Company is currently trading at Rs. 292.85, up by 20.90 points or 7.69% from its previous closing of Rs. 271.95 on the BSE.

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