TVS Motor Company’s overall two-wheeler sales including exports was 8.42 lakh units during quarter ended September 2019 as against 10.49 lakh units reported in the quarter ended September 2018. Motorcycle sales for the quarter under review is 3.42 lakh units as against 4.20 lakh units registered in the quarter ended September 2018.
Scooter sales of the company for the quarter ended September 2019 is 3.33 lakh units as against 3.88 lakh units in
the quarter ended September 2018. Total three-wheeler sales grew by 9% and the total exports of the company grew by 6% to 2.11 lakh.
Total revenue reported for the quarter ended September 2019 is Rs 4352.7 crore as against the revenue of Rs 4994.2 crore reported for the previous quarter. EBITDA for the quarter ended September 2019 increased to 8.8% as against 8.6% reported in Q2 of 2018-19 and 8.0% reported in Q1 of 2019-20.
Profit Before Tax (PBT) for the quarter is Rs 310.3 crore as against Rs 306.2 crore reported in quarter ended September 2018. PBT of current quarter includes an exceptional gain of Rs 76.0 crore towards reversal of NCCD provision for Himachal plant pertaining to earlier years. While the Profit After Tax (PAT) for quarter ended September 2019 is Rs 255.0 crore as against Rs 211.3 crore reported for the quarter ended September 2018.
