TVS Motor Company Ltd's total revenue grew to Rs. 3239.55 Crores
The Company’s Profit Before Tax (PBT) registered a growth of 4.1 % to Rs.169.80 Crores in the third quarter of 2016-17 as against Rs. 163.14 Crores in the third quarter of the previous financial year and Profit After Tax (PAT) increased by 10.4% to Rs. 132.67 Crores in the quarter under review as against Rs.120.21 Crores in the corresponding period last year, the company said in a statement.
During the quarter ended December 2016, the overall two-wheeler sales of TVS Motor Company, including exports grew by 4% to 7.03 Lakh units as against 6.76 Lakh units registered in the quarter ended December 2015. Motorcycles sales registered 2.48 Lakh units in the third quarter of 2016-17 as against 2.60 Lakh units registered in the third quarter of 2015-16. Scooter sales during the quarter under review are 2.21 Lakh units compared to 2.32 Lakh units in the third quarter of 2015-16.
The Company exported 0.99 Lakh units of two and three wheelers in the quarter under review as against 1.08 Lakh units in the third quarter of 2015-16. Three wheelers registered sales of 16081 units in the quarter under review as against 26225 units in the third quarter of 2015-16.
Image:wikimedia commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
