TVS Motors’ Q4 2022 results also fell, registering a decline of 8.4 per cent, registering sales of 8.15 lakh units as compared to 8.87 lakh units in Q4 2021.
see photosWith regard to exports, TVS shipped 1,09,724 units in the month of March 2022.
TVS Motor Company reported its sales for March 2022 and the company’s total sales (including two wheelers and three wheelers) stood at 3,07,954 units as against 3,22,643 units in the month of March 2021, registering a decline of 4.6 was done. percentage in the domestic market. The company’s total two-wheeler sales stood at 2,92,918 units in March 2022 as compared to 3,07,397 units sold in March 2021, showing a decline of 4.8 per cent. Meanwhile, TVS’s domestic two-wheeler sales declined by 2.6 per cent to 1,96,956 units in March 2022 from 2,02,155 units in March 2021.
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TVS further informed that motorcycle sales grew by 2.05 percent to 1,60,522 units last month as against 157,254 units in the same month last year. Scooter sales, however, declined by 9.8 per cent as the company registered sales of 94,747 units in March 2021 as against 1,04,513 units sold in March 2021. The manufacturer said the shortfall in supply of semiconductors impacted production and sales of premium two-wheelers. , TVS, however, said it is hopeful of an improvement in supplies in the coming months.
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With regard to exports, TVS sold 1,09,724 units in March 2022 as compared to 1,19,382 units in March 2021, registering a decline of 8.4 per cent. Two-wheeler exports declined by 9.2 per cent to 95,962 units in February 2022 from 1,05,242 units in the same period last year. Three-wheeler sales also fell in March 2022, as it registered sales of 15,036 units as against 15,246 units sold in March 2021, a decline of 1.3 per cent.
Read also: Two-wheeler sales February 2022: TVS Motor Company reports 11 per cent decline in domestic sales
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TVS Motors’ Q4 2022 results also fell, registering a decline of 8.4 per cent, registering sales of 8.15 lakh units, while Q4 2021 saw sales of 8.87 lakh units. However, sales of three-wheelers grew by 1.9 per cent as the company registered 41,774 units in Q4 2022 as compared to 40,965 units in Q4 2021.
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