Epic Research

Tuesday, April 2, 2013

Epic Update : TVS Motor

Epic Update TVS MotorMarch 2013 – very disappointing, big drop in scooter sales,
Exports provided minor respite motorcycle sales fall not as bad due to dispatches of new 125 cc Phoenix YoY
Total Sales down 8.2% @ 1.67 lk vs 1.82 lk units ( exp 1.74 lk )
2W sales @ 1.62 lk vs 1.80 lk units ( exp 1.70 lk )
Motorcycle sales down 6.3% at 61808 vs 65994 units
Scooter sales down 25.7% at 29261 vs 39395 units
Exports at 23342 vs 20690 units ( exp 22500 units )
3W at 5076 vs 2253 units .

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