TVS Motor’s total sales up 33 p.c. in 2010-11

H. S. Goindi, President Marketing TVS Motors during the launch of India's first Motorcycle with ABS Apache "RTR 180 ABS" (Anti-lock Braking System technology), in New Delhi on March 11, 2011. Photo: Shanker Chakravarty

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

For the entire 2010-11 fiscal, the company’s sales jumped by 33.17 per cent 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 per cent 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 per cent 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 per cent 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 per cent to 26,979 units, as against 20,585 units in March, 2010.

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

During the 2010-11 fiscal, TVS Motor Company’s total two-wheeler sales rose by 31.86 per cent to 20,06,808 units from 15,21,939 units in the previous fiscal.