Mumbai, Jan. 28 -- Domestic sales accounted for 77.8% of the revenue and the remaining 22.2% was from exports.

Total sales volume for the third quarter was 186,408 vehicles, down 2.4% YoY. Domestic sales and exports were 146,022 units (down 0.9% YoY) and 40,386 units (down 7.5% YoY), respectively.

The company stated continued weak demand, despite good festive sales. Further, the exports were impacted by geo-political issues.

The domestic sales recorded a strong contribution from SUV segment. The company has achieved its highest ever CNG penetration during the quarter, reaching 15% which was 12% in Q3 of the previous year. During the quarter, the company's rural penetration increased to 21.2% from 19.7% in the same period last year.

EB...