The Chennai-based company had reported sales of 1,90,438 units during the same month of previous year, TVS Motor Company said in a statement.
Also Read: TVS Motor Q2 beats street, net up 97% to Rs 89 cr
Sales of two-wheelers increased by 1.93 percent in October 2013 to 1,89,979 units from Rs 1,86,376 vehicles sold during the same period last year, it said.
Sales of two-wheelers in domestic market grew by 2 percent to 1,73,229 units in October 2013 from 1,70,273 units sold during the same month in 2012.
Motorcycle sales grew by 13.2 percent during the month to 82,352 units from 72,687 units sold during the same month last year.
However, sales of scooters dipped by 4.2 percent during the period to 42,124 units from 43,973 sold in October 2012, it said.
The company witnessed a significant increase in its exports rising 24.7 percent in October 2013 to 23,154 units as against 18,563 units shipped during the same month of previous year.
Two-wheeler exports grew by 4 percent to 16,750 units in October 2013 from 16,103 sold during the corresponding month of previous year.
The company said a substantial increase in sales was contributed by three-wheelers by rising 95.1 percent to 7,926 units in the month from 4,062 vehicles sold during the same period in 2012.
On November 01, 2013, TVS Motor Company closed at Rs 49.85, down Rs 0.85, or 1.68 percent. The 52-week high of the share was Rs 52.50 and the 52-week low was Rs 28.10.
The company's trailing 12-month (TTM) EPS was at Rs 3.38 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 14.75. The latest book value of the company is Rs 25.78 per share. At current value, the price-to-book value of the company was 1.93.
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