Technology

TVS Motor Company Achieves Revenue of Rs. 1434 Cr. in Q1 FY 20-21

TVS Motor Company Achieves Revenue of Rs. 1434 Cr. in Q1 FY 20-21



TVS Motor Company resumed its operations from second week of May 2020 in a graded manner across all its factories in Hosur, Mysuru, and Nalagarh.

This quarter is not a representative quarter due to COVID-19 related shut down for major part of the quarter. Both production and sales were severely impacted during the quarter and therefore reflects what was an unprecedented situation. The market is now open barring selective local lockdowns. We are witnessing a positive uptake in both domestic retails as well as international markets. Several measures taken by the Company helped it to overcome supply chain disruptions and stabilise operations by end of June.


 TVS Motor Companys overall two-wheeler sales including exports was 2.55 Lakh units during quarter ended June 2020 as against sales of 8.84 Lakh units reported in the quarter ended June 2019. Motorcycles registered sales of 1.19 Lakh units in the quarter ended June 2020 as against sales of 4.17 Lakh units registered in the quarter ended June 2019.



Scooter sales of the Company for the quarter registered sales of 0.82 Lakh units as against sales of 2.95 Lakh units in the quarter ended June 2019. [14:08, 30/07/2020] Rjritikajain:



The all out fare of the Company enlisted deals of 0.81 Lakh units during the quarter finished June 2020 as against deals of 2.09 Lakh units in the quarter finished June 2019. All out three-wheelers enlisted deals of 0.12 Lakh units in the quarter finished June 2020 as against deals of 0.40 Lakh units in the quarter finished June 2019.


 TVS Motor Company revealed an income of Rs. 1434.3 Crores in the primary quarter of 2020-21 as against the absolute income of Rs. 4469.8 Crores in the quarter finished June 2019. The Company has detailed lost Rs. 139.1 Crores for quarter finished June 2020 as against benefit after assessment of Rs. 142.3 Crores announced for the quarter finished June 2019

 About TVS Motor Company



 We are a presumed two and three-wheeler producer, and the lead organization of the USD 8.5 billion TVS Group. We have faith in Championing Progress through Mobility. Established in our 100-year heritage of Trust, Value, Passion for Customers and Exactness, we invest wholeheartedly in making globally optimistic results top notch through creative and reasonable procedures. We try to convey the most unrivaled client involvement with all our touch focuses across 60 nations.



We are the main bike organization to have gotten the esteemed Deming Prize. Our items lead in their separate classes in the JD Power IQS and APEAL studies for as long as five years. We have been positioned No. 1 Company in the JD Power Customer Service Satisfaction Survey for successive four years. For more data, if you don't mind visit www.tvsmotor.com.

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