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24-Oct-2024

TVS Motor Company

OP up 21.13%

'On consolidated basis

Quarter ended September 2024 compared with Quarter ended September 2023.

Net sales (including other operating income) of TVS Motor Company has increased 13.78% to Rs 11301.68 crore.  Sales of Automotive Vehicles & Parts segment has gone up 13.60% to Rs 9,595.93 crore (accounting for 83.80% of total sales).  Sales of Automotive Components segment has gone up 13.13% to Rs 221.25 crore (accounting for 1.93% of total sales).  Sales of Financial Services segment has gone up 17.15% to Rs 1,634.30 crore (accounting for 14.27% of total sales).  Inter-segment sales rose Rs 105.00 crore to Rs 117.49 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 25.04% to Rs 959.03 crore.  PBIT of Automotive Vehicles & Parts segment rose 28.28% to Rs 739.68 crore (accounting for 77.13% of total PBIT).  PBIT of Automotive Components segment fell...



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