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09-May-2024

TVS Motor Company

NP up 15.14%

'For the quarter ending March 2024, consolidated net sales (including other operating income) of TVS Motor Company has increased 25.04% to Rs 10042.47 crore compared to quarter ended March 2023.  Sales of Automotive Vehicles & Parts segment has gone up 25.68% to Rs 8,425.98 crore (accounting for 83.02% of total sales).  Sales of Automotive Components segment has gone up 4.80% to Rs 201.66 crore (accounting for 1.99% of total sales).  Sales of Others segment has gone up 37,900.00% to Rs 3.80 crore (accounting for 0.04% of total sales).  Sales of Financial Services segment has gone up 22.91% to Rs 1,517.71 crore (accounting for 14.95% of total sales).  Inter-segment sales rose Rs 100.29 crore to Rs 106.68 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 34.50% to Rs 725.89 crore.  PBIT of Automotive Vehicles & Parts segment rose 60.91% to Rs 537.70 crore (accounting f...



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