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07-Aug-2024

TVS Motor Company

NP up 6.12%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of TVS Motor Company has increased 14.92% to Rs 10406.86 crore compared to quarter ended June 2023. Sales of Automotive Vehicles & Parts segment has gone up 13.30% to Rs 8,721.33 crore (accounting for 82.61% of total sales).  Sales of Automotive Components segment has gone up 6.35% to Rs 200.92 crore (accounting for 1.90% of total sales).  Sales of Financial Services segment has gone up 20.81% to Rs 1,635.25 crore (accounting for 15.49% of total sales).  Inter-segment sales rose Rs 97.79 crore to Rs 109.87 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 15.88% to Rs 814.53 crore.  PBIT of Automotive Vehicles & Parts segment rose 9.57% to Rs 589.24 crore (accounting for 72.34% of total PBIT).  PBIT of Automotive Components segment rose 3.30% to Rs 9.39 crore (accounting for 1.15% of total ...



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