Bangalore, 1^st April 2023: TKM has recorded its strongest domestic wholesales in the last 10 years in Financial Year 2022-2023 by selling 1,74,015 units. The company witnessed a growth of 41 % over the last FY where it sold 1,23,770 units. TKM also sold 18,670 units in the month of March 2023 alone, resulting in the year-on year-growth of 9% over the month of March 2022, where it had sold 17,131 units.

In the last quarter of the current Fiscal Year, TKM posted sales of 46,843 units which is a 41% increase over the same period last year where the company had sold 33,204 units. This growth trajectory thus reflects impressive performance by all its products across segments. Major contributions coming from strong consumer demand generated for the recently introduced Innova Hycross, Urban Cruiser Hyryder, The New Innova Crysta and Hilux.

Sales Performance:

Timeframe	FY April’22-March’23	FY April’21-March’22	% Growth
FY	1,74,015 units	1,23,770 units	41%

Timeframe	March 2023	March 2022	% Growth
Month-on-Month	18,670 units	17,131 units	9%

Commenting on the sales performance, Mr. Atul Sood, Vice President, Sales and Strategic Marketing, TKM said, “We are extremely pleased to close this Fiscal Year on a positive note and expect continued momentum and growth in fiscal of 2024-2025. The passenger vehicles segment witnessed a steady growth last year, and TKM was prepared to ride the wave by making deeper inroads into the market to meet the varied mobility needs. Our new product launches, introduction of newer, greener and advanced technology options and reaching closer to customers , enabled us to successfully sustain the continued growth momentum.

We are grateful to our customers for their growing interest on all our product offerings. All variants of recently launched Innova Hycross and Urban Cruiser Hyryder are gaining popularity and continuing to witness huge acceptance from the market. The recently introduced globally acclaimed Hilux has attracted a excellent customer response from the time of its launch, as it continues to shine - all thanks to its versatility, all terrain capability, backed by great styling and driving comfort, be it in the personal or business segment. We also opened bookings for the much-loved New Innova Crysta Diesel which has strongly contributed to our achievements in the month of March’23. Additionally, segment leaders like the Fortuner and Legender remain undisputed, while other products like, Camry Hybrid, Vellfire and Glanza have also sustained the positive sales momentum.

Given the strong customer demand for all our products, we remain optimistic towards an even better year. Our strong efforts will be to continue to closely serve our customers thus strengthening the bedrock for long-term value based relationship in the coming time.”

Overview of TKM:

Equity participation	Toyota Motor Corporation: 89%, Kirloskar Systems Limited : 11%
Number of employees	Approx. 6,000
Land area	Approx. 432 acres (approx.1,700,000 m2)
Building area	74,000 m2
Total Installed Production capacity	Up to 3,10,000 units

Overview of TKM 1st Plant:

Established	October 1997 (start of production: December 1999)
Location	Bidadi
Products	Innova HyCross , Innova Crysta , Fortuner manufactured in India.
Installed Production capacity	Up to 1,00,000 units

Overview of TKM 2nd Plant:

Start of Production	December 2010
Location	On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products	Toyota Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity	Up to 2,10,000 units

* Vellfire imported as CBU

For Any Further Queries, Please Contact:

Toyota Kirloskar Motor Pvt. Ltd.	Current Global
Kaveri Mandanna Email : kaveriamma_mm@toyota-kirloskar.co.in	Shakuntala Datta Mobile : +91-98456 11219 Email : SDatta@webershandwick.com