Key Points
reported a bigger-than-expected rise in first-quarter profit on Monday, helped by strong demand for its two-wheelers, including its flagship electric scooter...
TVS Motor, which exports two-wheelers to Asia, Africa and America, said its revenue from operations rose 20.1% to 72.18 billion rupees...
Sales of two-wheelers were boosted by the wedding season in the north and eastern parts of the country, along with a pick up in rural demand, analysts have said.. TVS's motorcycle sales grew by 7% to 463,000 units, helping boost overall sales - of two-, three-wheelers and exports - by 5% to 953,000 units, the company said.. With electric vehicle (EV) adoption gaining momentum, consumers also picked up TVS Motor's electric scooters ahead of a reduction in government subsidies, effective June 1...
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