TVS India TVS registers highest ever revenue, EBITDA, Profit in Q3
Chennai/UNI: TVS Motor Company reported highest ever operating revenue of Rs.5,706 crores in the third quarter of 2021-22 as against Rs. 5,391 crores in the same period last year.
The s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended December 2020.
It registered the highest ever operating EBITDA of Rs. 568 crores during this quarter as against Rs. 511 crores.
It also registered highest ever PBT of Rs. 391 crores during the quarter under review as against Rs. 362 same period the previous year.
PAT for the quarter ended December 2021 grew by 9% at Rs. 288 crores as against Rs.266 crores reported in the quarter ended December 2020.
The company registered total two-wheeler sales of 8.35 lakh units in the current quarter as against 9.52 lakh units.
Two-wheeler export sales grew by 12%, motorcycles registered sales of 4.46 lakh units and Scooters registered sales of 2.56 lakh units.
Total three-wheelers grew by 17% registering sales of 0.44 lakh units as against sales of 0.38 lakh units in the quarter ended December 2020.
The total two-wheeler sales including exports is 23.23 lakh units during the nine months ended December 2021 as against 20.42 lakh units in the nine months ended December 2020.
Total three-wheeler sales grew by 57% to 1.30 lakh units and the exports grew by 68% . The Operating revenue reported for the nine months was Rs. 15,260 crores as against Rs. 11,429 crores reported for the nine months ended Dec 2020.
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