Sales Figures News

TVS had a decent Q2 in FY 2016-17 with a growth of 20.6 per cent over the same period last year. Its total revenue for the quarter was Rs. 3726.31 crore for the quarter as opposed to Rs. 3089.42 crore for the quarter ended in September 2015.

Maruti Suzuki India, the country's largest carmaker, today announced achieving the highest ever profits in India in the H1 of 2016-17 FY.

Hero MotoCorp has reported its best-ever sales as well as financial performance for the second quarter (July-September 2016) and half year (April - September 2016) of FY 2017. The company clocked its highest-ever sales of 18,23,498 units in a quarter, registering a gross turnover of Rs 8448.74 crore and highest-ever net profit after tax of Rs 1004.22 crore.

The Indian Automotive Industry's output in the Apr-Sept 2016 period stood at 13,421,500 vehicles - and that includes passenger vehicles, commercial vehicles, two-wheelers, three-wheelers and quadricycles, that is a year-on-year growth of 11.92 per cent. Passenger vehicles grew faster than the industry average at 12.34 per cent year-on-year in the same period.

The month of September 2016 brought cheers for two wheeler manufacturers such as Royal Enfield and Yamaha who showed a growth of 30 per cent and 33 per cent respectively in comparison to September 2015. Hero MotoCorp and Honda Two Wheeler have sold over 6 lakh and 5 lakh units in September 2016, indicating that the festive season is here indeed.

The month of September 2016 has been a mixed bag so far. While Maruti Suzuki has had a great month with over 31 per cent growth, Honda Car India saw a drop in sales by almost 20 per cent, when compared to September 2015. Keep watching this space as we bring you up to date with the performance of other manufacturers for the month that just went by.

It seems that the month of August that just went by, brought cheers to the entire automotive industry. The 2-wheeler industry too saw good times. Manufacturers such as Honda Two Wheelers, Royal Enfield, Yamaha, TVS and Hero MotoCorp saw a growth of 20 per cent over the month of August 2015.

We are in the last month of the second quarter of the 2016-17 fiscal year, and so far, things have been good for the carmakers in India.