TVS Motor Company Ltd 05 Apr 2024 12:00 AM
TVS Motor launches TVS RONIN - a modern-retro motorcycle in Colombia,
TVS Motor Company forayed into the premium lifestyle motorcycle segment with the launch of TVS RONIN for its customers in Colombia today. TVS RONIN is the first `modern-retro` motorcycle from the company made for those who dare to live the #Unscripted way of life. With this launch in Colombia, TVSM has added another significant product to the market. Designed from the ground up, TVS RONIN is a lifestyle statement that takes inspiration from the modern, new-age rider. TVS RONIN is designed with the style, technology, and riding experience to promote an unscripted lifestyle for the new generation of urban riders. The 225cc motorcycle weighs 160 Kgs and delivers a whopping 20.4 PS Power, making it one the best power to weight ratio in its category, along with a 19.93 Nm Torque. The motorcycle has been engineered with unique tech features like rain and urban ABS modes, Glide Through Technology (GTT) and Smart Bluetooth connectivity with voice and ride assistance, in a retro design package. Its brand philosophy - `Live the Unscripted life` - stems from the motorcycle`s unique capabilities, in the city and on the open road application. Powered by Capital Market - Live News
TVS Motor Company Ltd 01 Apr 2024 12:00 AM
TVS Motor Company sells 3.17 lakh units in Mar`23,
TVS Motor Company registered a growth of 12% with sales increasing from 317,152 units in March 2023 to 354,592 units in March 2024. Two-Wheeler Total two-wheelers registered a growth of 12% with sales increasing from 307,559 units in the month of March 2023 to 344,446 units in March 2024. Domestic two-wheeler registered growth of 8% with sales increasing from 240,780 units in March 2023 to 260,532 units in March 2024.Motorcycle registered a growth of 22% with sales increasing from 141,250 units in March 2023 to 171,611 units in March 2024. Scooter registered a growth of 2% with sales increasing from 128,817 units in March 2023 to 131,472 units in March 2024.Electric Vehicle The Company achieved the highest Vahan retails in March 2024. Electric Vehicle dispatches are moderated for smooth transition into the new EV incentive scheme from the Government. The electric vehicles recorded sales of 15,250 units in March 2024 as against sales of 15,364 units in March 2023.International Business The Company`s total exports registered a growth of 23% with sales increasing from 75,037 units in March 2023 to 91,972 units in March 2024. Two-wheeler exports registered a growth of 26% with sales increasing from 66,779 units in March 2023 to 83,914 units in March 2024.Three-Wheeler Three-wheeler of the Company registered a growth of 6% with sales increasing from 9,593 units in March 2023 to 10,146 units in March 2024.Fourth Quarter Sales Performance FY 2023-24: During the fourth quarter of the financial year 2023-24, two-wheeler of the company registered a growth of 23% with sales increasing from 8.40 Lakh units in the fourth quarter of financial year 2022-23 to 10.32 Lakh units. Three-wheeler of the company registered a growth of 4% with sales increasing from 0.29 Lakh units in the fourth quarter of financial year 2022-23 to 0.30 Lakh units in the fourth quarter of the financial year 2023-24. Total exports registered a growth of 40% with sales increasing from 1.85 Lakh units in the last quarter of FY 2022-23 to 2.50 Lakh units in the current quarter. Sales Performance FY 2023-24: During the financial year 2023-24, the company registered a growth of 14% with total sales increasing from 36.82 Lakh units in FY 2022-23 to 41.91 Lakh units. Two-wheeler sales of the company registered a growth of 15% with sales increasing from 35.12 Lakh units in FY 2022-23 to 40.45 Lakh units in FY 2023-24. Three-wheeler of the company registered 1.46 Lakh units in FY 2023-24 as against 1.69 Lakh units in FY 2022-23. Total exports registered 10.13 Lakh units sales in FY 2023-24 as against 10.68 Lakh units in FY 2022-23. Powered by Capital Market - Live News
TVS Motor Company Ltd 20 Mar 2024 12:00 AM
Board of TVS Motor Company approves issue of bonus preference shares,
The Board of TVS Motor Company at its meeting held on 20 March 2024 has approved the scheme of arrangement between the company and its shareholders which provides for issuance and allotment of cumulative non-convertible redeemable preference shares (NCRPS) by way of bonus in ratio of 4 NCRPS of Rs 10/- each fully paid up of the Company for every 1 equity share of Rs 1 each fully paid up held as on the Record Date. The NCRPS shall be redeemed on the expiry of 12 months from the date of allotment of the said NCRPS. Powered by Capital Market - Live News
TVS Motor Company Ltd 14 Mar 2024 12:00 AM
TVS Motor Company to hold board meeting,
TVS Motor Company will hold a meeting of the Board of Directors of the Company on 20 March 2024.Powered by Capital Market - Live News
TVS Motor Company Ltd 11 Mar 2024 12:00 AM
Board of TVS Motor Company recommends interim dividend,
TVS Motor Company announced that the Board of Directors of the Company at its meeting held on 11 March 2024, inter alia, have recommended the interim dividend of Rs 8 per equity Share (i.e. 800%) , subject to the approval of the shareholders.Powered by Capital Market - Live News
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