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Top News In மோட்டார் சைக்கிள்கள் ஆம்ப் ஸ்கூட்டர்கள் Today - Breaking & Trending Today

TVS Motor hits the roof on stellar Q4 performance

TVS Motor Company hit an upper circuit of 15% at Rs 651.20 after the company s standalone net profit surged 292% to Rs 289 crore in Q4 FY21 from Rs 74 crore in Q4 FY20.
Revenue from operations grew by 53% at Rs 5,322 crore for the quarter under review against Rs 3,481 crore reported in the fourth quarter of 2019-20. Profit before tax in Q4 March 2021 stood at Rs 387 crore, up by 331% from Rs 90 crore in Q4 March 2020.
The overall two-wheeler and three-wheeler sales including exports registered a growth of 47% at 9.28 lakh units in the quarter ended March 2021 as against 6.33 lakh units registered in the quarter ended March 2020. ....

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Hero MotoCorp sales surge 72% YoY in March

The two-wheeler major reported a 72% increase in total sales at 576,957 units in March 2021 from 334,647 units sold in the same month last year.Significantly, the company registered its highest-ever sales in Global Business (GB) in a single month by clocking 32,617 units in the month of March 2021, a growth of 82% over the corresponding month in 2020 when it had sold 17,962 units in its global markets.
In March last year, sales were adversely impacted due to the impending transition to BSVI from April 2020, in addition to the nationwide lockdown towards the latter half of the month due to coronavirus pandemic.
Sequentially, total sales rose 14.14% in March 2021 from 505,467 units sold in February 2021. ....

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TVS Motor sales spurts 123% YoY in March

TVS Motor Company s total auto sales grew 122.94% registering 3,22,683 units in March 2021 as against 1,44,739 units in March 2020.
Sequentially, the company s total auto sales jumped 8.37% in March 2021 from 2,97,747 units in the month of February 2021.
Total two-wheeler sales surged 130% recording a sale of 3,07,437 units in March 2021 as compared to 1,33,988 units in March 2020. Domestic two-wheelers recorded 115% growth with sales of 2,02,155 units in March 2021 as against 94,103 units in March 2020. Motorcycle sales soared 136% registering 1,57,294 units in March 2021 as against 66,673 units in March 2020. Scooter sales grew 206% to 1,04,513 units in March 2021 as against 34,191 units in March 2020.
The firm s total exports climbed 138% to 1,19,422 units in March 2021 from 50,197 units registered in the month of March 2020. Two-wheeler exports grew by 164% recording 1,05,282 units in March 2021 as against 39,885 units in March 2020. An increase in motorcycle sales ....

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Bajaj Auto sells 3.69 units in March 2021

Bajaj Auto achieved total sales of 3,69,448 units in March 2021 compared to 2,42,575 units in March 2020, recording a growth of 52%.
For the month of March 2021, total sales include domestic sales of 1,98,551 units and exports of 1,70,897 units, higher by 70% and 36% respectively over March 2020.
For FY21, total sales declined 14% to 39,72,914 units compared to 46,15,212 units sold in FY20.
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Hero MotoCorp slips 8% in six days

Hero MotoCorp fell 1.99% to Rs 3,189.45, as the scrip extended decline for the sixth consecutive session.
The stock has fallen 7.93% in six sessions, from its recent closing high of Rs 3,464 recorded on 8 March 2021.
The scrip is currently trading 12.10% below its 52-week high of Rs 3,628.55 hit on 18 February 2021. It has gained 116.23% from its 52-week low of Rs 1,475 recorded on 24 March 2020.
During the month of February, Hero MotoCorp sold 5,05,467 vehicles, which is higher 1.45% as compared to 4,98,242 units sold in the same month of the previous year.
The company continues to witness sequential improvement in total auto sales. Its total auto sales grew by 4.03% in February 2021 from 485,889 units sold in January 2021. ....

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