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TVS shares zoom 17% on strong Q4 earnings
TVS Motor Company on Saturday reported a 17.5 percent increase in total sales to 2,72,084units in December. The company, which primarily makes two-wheelers and three-wheelers, had sold 2,31,571 units in December 2019, TVS Motor Company said in a statement.
The total two-wheeler sales during the month stood at 2,58,239 units as against 2,15,619 in December 2019, up 20 percent.
The domestic two-wheeler sales stood at 1,76,912 units last month, as compared to 1,57,244 units in December, up 13 per cent, it added. The total exports increased 28 percent to 94,269 units last month, as against 73,512 in the year-ago period.
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