TVS Motor Company Limited — Updates, 01-02-2025: Press Release

TVS Motor Company reported January 2025 sales of 397,623 units, reflecting a robust growth of 17% compared to 339,513 units in January 2024. The two-wheeler segment surged by 18%, with sales increasing from 329,937 units to 387,671 units year-on-year. Domestic two-wheeler sales rose by 10%, while motorcycles grew by 12% and scooters experienced an impressive 29% increase. Notably, electric vehicle sales soared by 55%, from 16,276 units to 25,195 units. On the international front, total exports climbed by 46%, with two-wheeler exports rising by 52%. Three-wheeler sales also saw a 4% increase. This strong sales performance not only showcases TVS's expanding market presence but also highlights potential growth opportunities in the electric vehicle segment and international markets. Investors should view this growth trajectory positively, considering potential increases in revenue and market share.