Weak Demand, Transition To BS-VI May Hit Volumes: KN Radhakrishnan, TVS Motor
  • WebDesk BTVI
  • Jul 23 2019

Commenting on TVS Motor Company's June quarter results, company's CEO KN Radhakrishnan, said the drop in moped volumes dragged sales. He said that motorcycle and scooter sales actually grew on a year-on-year basis, though aided by exports. He said the management is confident of some revival in the festive season. However, he expects the second half of FY20 to be less impressive than the year-ago period, adding weak demand and transition to BS-VI are likely to impact volumes.