TVS Motor saw 28% sales Jump in March, posts 33% jump for the year 2010-11

Chennai-based TVS Motor Company today reported a 28.16% jump in sales for March to 1,91,208 units from 1,49,194 units in the corresponding month of 2010.

For entire FY11, the company's sales jumped by 33.17% to 20,46,668 units from 15,36,919 units in the previous fiscal, TVS Motor Company said in a statement.

During March, 2011, TVS Motor's two-wheeler sales witnessed a 27.27% increase at 1,86,781 units from 1,46,763 units in the same month last year, it added.
Motorcycle sales of the company rose by 24.16% last month to 79,642 units from 64,147 units in the year-ago period, it said.

The domestic two-wheeler maker's sales in March, 2011, stood at 1,62,719 units, up 28.43% over 1,26,696 units in the same month of 2010.

The company said its exports of two-wheelers during the month rose by 31.06% to 26,979 units, as against 20,585 units in March, 2010.

Total three-wheeler sales also soared by 82.11% to 4,427 units in last month from 2,431 units in the same month of 2010, the statement said.

During FY11, TVS Motor Company's total two-wheeler sales rose by 31.86% to 20,06,808 units from 15,21,939 units in the previous fiscal.