motor

TVS Motor reports Rs 139.1 crore quarterly loss, Auto News, ET Auto

TVS Motor Company's overall two-wheeler sales including exports was 2.55 lakh units during quarter ended June 2020 as against sales of 8.84 lakh units reported in the quarter ended June 2019.
TVS Motor Company’s over-all two-wheeler gross sales together with exports was 2.55 lakh units in the course of quarter ended June 2020 as in opposition to gross sales of 8.84 lakh units claimed in the quarter ended June 2019.

CHENNAI: TVS Motor Firm has claimed a reduction of Rs 139.one crore for quarter ended June 2020 as in opposition to gain immediately after tax of Rs 142.3 crore claimed for the quarter ended June 2019.

“This quarter is not a agent quarter owing to Covid- 19 connected shut down for big aspect of the quarter. Both equally production and gross sales were severely impacted in the course of the quarter and consequently reflects what an unparalleled circumstance was,” the company reported in a statement.

TVS Motor Firm has reported it is viewing a optimistic uptake in equally domestic retails as nicely as worldwide marketplaces. Many measures taken by the company

Read More