The company had sold 1,53,676 units in the same month last year, TVS Motor Company said in a statement.
Total two-wheeler sales increased by 32 per cent to 1,94,128 units in July 2014 as against 1,46,671 units in the same month a year ago.
Domestic two-wheeler sales stood at 1,64,571 units last month, up 30 per cent, from 1,26,531 units in the year-ago period, it added.
Scooters sales during the month grew by 64 per cent to 60,619 units in July 2014 as against 36,900 units in the corresponding month last year.
Motorcycles sales grew by 33 per cent to 76,767 units in last month as compared to 57,886 units in the corresponding month a year earlier.
During the month, sales of three-wheelers grew by 28 per cent at 8,964 units as against 4,712 units in July 2013.
Exports in July grew by 41 per cent to 26,145 units in the month as compared to 36,986 units in the corresponding month a year earlier.