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25-Jan-2024

TVS Motor Company

OP up 45.61%

'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of TVS Motor Company has increased 25.39% to Rs 10113.94 crore compared to quarter ended Dec 2022.  Sales of Automotive Vehicles & Parts segment has gone up 23.99% to Rs 8,509.45 crore (accounting for 83.31% of total sales).  Sales of Automotive Components segment has gone down 7.81% to Rs 177.94 crore (accounting for 1.74% of total sales).  Sales of Others segment has gone down 50.00% to Rs 0.01 crore (accounting for 0.00% of total sales).  Sales of Financial Services segment has gone up 39.61% to Rs 1,527.14 crore (accounting for 14.95% of total sales).  Inter-segment sales rose Rs 83.58 crore to Rs 100.60 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 57.81% to Rs 824.66 crore.  PBIT of Automotive Vehicles & Parts segment rose 54.85% to Rs 589.85 crore (accounting f...



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