TVS Motor Company, a leading two and three-wheeler manufacturer, has reported exceptional sales figures for August, marking a significant milestone in its growth trajectory. The company's performance demonstrates strong demand across various segments and markets.

Record-Breaking Total Sales

TVS Motor Company achieved its highest-ever monthly sales in August, crossing the five lakh unit milestone. The company reported total sales of 5,09,536 units, representing a robust 30% year-on-year growth compared to 3,91,588 units in August of the previous year.

Two-Wheeler Segment Shines

The two-wheeler segment played a crucial role in driving the company's overall growth:

• Total two-wheeler sales surged by 30%, reaching 4,90,788 units, up from 3,78,841 units in the same month last year.
• Domestic two-wheeler sales showed impressive growth of 28%, with 3,68,862 units sold compared to 2,89,073 units in the previous year.
• Motorcycle sales increased by 30%, totaling 2,21,870 units.
• Scooter sales witnessed a substantial jump of 36%, reaching 2,22,296 units.

Electric Vehicle (EV) Segment

The company's electric vehicle segment reported sales of 25,138 units in August. However, TVS Motor Company noted that magnet availability continues to pose challenges in the short to medium term for this segment.

Strong Performance in Exports

TVS Motor Company's international business showed remarkable growth:

• Total exports increased by 35%, reaching 1,35,367 units compared to 99,976 units in August of the previous year.
• Two-wheeler exports grew by 36%, with sales rising from 89,768 units to 1,21,926 units.

Three-Wheeler Segment Surge

The three-wheeler segment also contributed significantly to the company's growth, with a 47% increase in sales. The segment recorded sales of 18,748 units, up from 12,747 units in the same month last year.

Company's Market Position

TVS Motor Company continues to strengthen its position in the two and three-wheeler market globally. With four state-of-the-art manufacturing facilities in India and Indonesia, the company is well-positioned to meet the growing demand for its products across 80 countries.

The company's commitment to quality and innovation has been recognized through various accolades, including being the only two-wheeler company to have won the prestigious Deming Prize. TVS Motor's products have consistently led in their respective categories in J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey.

As TVS Motor Company continues to focus on sustainable mobility and superior customer experience, these record-breaking sales figures underscore its strong market presence and growth potential in the automotive industry.

TVS Motor Company, a leading two and three-wheeler manufacturer, has kicked off the financial year with a stellar performance, setting new benchmarks in revenue and profitability.

Record-Breaking Revenue

The company's revenue crossed the Rs. 10,000 crore mark for the first time in a quarter, reaching Rs. 10,081.00 crore. This represents a robust 20% growth compared to Rs. 8,376.00 crore in the same quarter of the previous year.

Profit Acceleration

TVS Motor's profit before tax (PBT) surged to an all-time high of Rs. 1,053.00 crore, marking a 35% increase from Rs. 783.00 crore in the corresponding quarter last year. The company's profit after tax (PAT) also saw a significant boost, rising 35% to Rs. 779.00 crore from Rs. 577.00 crore in the previous year.

Operational Excellence

The company's operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached a record Rs. 1,263.00 crore, growing by 32% year-on-year. The EBITDA margin improved by 100 basis points to 12.5%, showcasing enhanced operational efficiency.

Sales Momentum

TVS Motor Company registered its highest-ever quarterly sales of 12.77 lakh units, a 17% increase from 10.87 lakh units in the same quarter last year. Here's a breakdown of the sales performance:

Electric Vehicle Push

The company's focus on electric mobility is evident, with electric scooter sales growing by 35% to 70,000 units, compared to 52,000 units in the same quarter last year.

Global Expansion

TVS Motor continues to strengthen its global presence. The company launched its electric scooter, TVS iQube, in Indonesia during the quarter, marking an important step in its international electric vehicle strategy.

Innovation and Recognition

The company's commitment to innovation and quality was highlighted by several achievements:

• TVS Jupiter 110 became India's most awarded scooter
• TVS Apache celebrated 20 years of performance with 6 million Apache riders worldwide
• The company won the CII National Award for Future Ready Manufacturing
• All three manufacturing units in India achieved Water Positive certification from CII

Looking Ahead

With a strong start to the financial year, TVS Motor Company appears well-positioned to capitalize on the growing demand for two and three-wheelers, both in the domestic and international markets. The company's focus on electric vehicles and sustainable manufacturing practices also aligns well with global automotive trends.

As TVS Motor continues to innovate and expand its product portfolio, investors and industry observers will be keenly watching to see if the company can maintain this growth momentum in the coming quarters.