TVS Motor Firm’s working income grew by 15% at ₹6,545 Crore


TVS Motor Firm has introduced that its working income grew by 15 per cent to 6,454 crore for the quarter ended December 2022. When in comparison with quarter ended December 2021, the income stood at 5,706 crore. The producer additionally introduced that the electrical car gross sales in quarter three practically doubled over the earlier quarter.

File photo of TVS Apache RR 310 used for representation only
File photograph of TVS Apache RR 310 used for illustration solely

The electrical autos registered gross sales of 29,000 items within the quarter ended December 2022 as in opposition to 2,000 items throughout the quarter ended December 2021 and 16,000 items throughout quarter ended September 2022.

Additionally Learn : TVS iQube ST debuts at Auto Expo 2023: Will launch quickly in India

As of now, TVS solely has the iQube electrical scooter in its line-up. The producer up to date the iQube considerably in 2022. It’s supplied in three variants, Normal, S and ST. The Normal is priced at 1.67 lakh whereas the iQube S prices 1.72 lakh. Each costs are ex-showroom.

Whereas the Normal and S are already on sale, the ST was postponed as a result of the producer was dealing with some points concerning battery packaging. Nonetheless, it looks like the difficulty has been resolved as a result of TVS showcased the iQube ST on the Auto Expo 2023 and the purchasers would quickly be getting a hyperlink concerning the dealership from the place they might be capable of take the supply of the electrical scooter.

The corporate registered whole two-wheeler gross sales of 8.36 Lakh items within the present quarter as in opposition to 8.35 Lakh items within the quarter ended December 2021. Two-wheeler export gross sales registered 2.07 Lakh items as in opposition to 2.53 Lakh items in December 2021. Whole three-wheelers registered gross sales of 0.43 Lakh items within the quarter ended December 2022 as in opposition to 0.44 Lakh items within the quarter ended December 2021.

First Printed Date: 24 Jan 2023, 18:48 PM IST



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