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TVS Motor Company’s sales grow by five per cent in June 2024
Mumbai: TVS Motor Company recorded monthly sales of 333,646 units in June 2024 with a growth of five per cent as against 316,411 units in the month of June 2023.
Two-Wheeler
Total two-wheelers registered a growth of six per cent with sales increasing from 304,401 units in June 2023 to 322,168 units in June 2024. Domestic two-wheeler registered growth of eight per cent with sales increasing from 235,833 units in June 2023 to 255,734 units in June 2024.
Motorcycle registered a growth of three per cent with sales increasing from 148,208 units in June 2023 to 152,701 units in June 2024. Scooter registered a growth of six per cent with sales increasing from 121,364 units in June 2023 to 128,986 units in June 2024.
Electric Vehicle
EV sales registered a growth of 10 per cent with sales increasing from 14,462 units in June 2023 to 15,859 units in June 2024.
International Business
The Company’s total exports registered sales of 76,074 units in June 2024 as against 79,144 units in June 2023. Two-wheeler exports registered sales of 66,434 units in June 2024 as against 68,568 units in July 2023. Customer retails are robust. However, There have been challenges in container availability due to prevailing conditions in the Red Sea.
Three-Wheeler
Three-wheeler registered sales of 11,478 units in June 2024 as against 12,010 units in June 2023.
First Quarter Sales Performance FY 2023-24:
During the first quarter of the financial year 2024-25, two-wheeler of the company registered a growth of 15 per cent with sales increasing from 9.18 Lakh units in the first quarter of financial year 2023-24 to 10.56 Lakh units in the first quarter of 2024-25. Three-wheeler of the company registered sales of 0.31 Lakh units in the first quarter of financial year 2024-25 as against 0.35 Lakh units in 2023-24. Total exports registered a growth of 12 per cent with sales increasing from 2.27 Lakh units in the first quarter of FY 2023-24 to 2.54 Lakh units in the current quarter.
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FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
