Yamaha reports 31 per cent rise in sales for Oct at 60,176 units

PTI Updated - November 02, 2020 at 03:35 PM.

Scooters being assembled at the Yamaha plant in Surajpur, Uttar Pradesh

Two-wheeler major Yamaha Motor India group of companies on Monday reported a 31 per cent increase in its total sales at 60,176 units for October. The company had sold a total of 46,082 units in October 2019, it said in a statement.

The company has been reporting growth in its sales volumes consecutively over the past four months, following the lifting of the COVID-19-led lockdown, it added.

On a year-on-year basis, Yamaha registered a 4.3 per cent growth in July, 14.8 per cent in August, and 17 per cent in September, it added.

On the outlook, it said,”The company expects overall demand to grow during the festival seasons that had originated since Nava Ratri and will last through upcoming Diwali and Christmas.”

Published on November 2, 2020 10:03