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30-Oct-2023

TVS Motor Company

NP remains flat


'For the quarter ending Sept 2023, consolidated Net sales (including other operating income) of TVS Motor Company has increased 16.03% to Rs 9932.82 crore compared to quarter ended Sept 2022.  Sales of Automotive Vehicles & Parts segment has gone up 13.03% to Rs 8,447.13 crore (accounting for 84.15% of total sales).  Sales of Automotive Components segment has gone down 17.53% to Rs 195.57 crore (accounting for 1.95% of total sales).  Sales of Others segment has gone down 0.00% to Rs 0.02 crore (accounting for 0.00% of total sales).  Sales of Financial Services segment has gone up 45.16% to Rs 1,395.10 crore (accounting for 13.90% of total sales).  Inter-segment sales came down from Rs 110.58 crore to Rs 105.00 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 24.44% to Rs 766.99 crore.  PBIT of Automotive Vehicles & Parts segment rose 16.61% to Rs 576.61 crore (a...



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