New Delhi: TVS Motor The company on Wednesday recorded a 59 percent increase in its consolidated Net Profit Rs 479 crore for the third quarter ending December 31, 2023, on a strong basis sales In the markets. The company posted a consolidated Net profit of Rs 301 crore in the October-December period of the last financial year.
Income Increase from operations to Rs 10,114 crore december quarter That stood at Rs 8,066 crore in the year-ago period, TVS Motor Co said in a regulatory filing.
On a standalone basis, the company reported a net profit of Rs 593 crore for the October-December quarter, a growth of 68 per cent compared to Rs 353 crore for the third quarter of FY 2022-23.
Revenue from operations increased to Rs 8,245 crore in the third quarter from Rs 6,545 crore in the same period last fiscal.
TVS said total two wheeler Sales increased to 10.63 lakh units in the third quarter, from 8.36 lakh units a year ago.
two wheeler export It increased to 2.16 lakh units in the period under review, from 2.07 lakh units in the year-ago period.
Total three-wheeler sales declined to 38,000 units in the third quarter ending December 31, 2023, compared to 43,000 units in FY22.
TVS recorded sales of 48,000 electric vehicles in the December quarter, compared to 29,000 units in the year-ago quarter.
Shares of the company closed 0.76 percent higher at Rs 2,002.20 on BSE.
Income Increase from operations to Rs 10,114 crore december quarter That stood at Rs 8,066 crore in the year-ago period, TVS Motor Co said in a regulatory filing.
On a standalone basis, the company reported a net profit of Rs 593 crore for the October-December quarter, a growth of 68 per cent compared to Rs 353 crore for the third quarter of FY 2022-23.
Revenue from operations increased to Rs 8,245 crore in the third quarter from Rs 6,545 crore in the same period last fiscal.
TVS said total two wheeler Sales increased to 10.63 lakh units in the third quarter, from 8.36 lakh units a year ago.
two wheeler export It increased to 2.16 lakh units in the period under review, from 2.07 lakh units in the year-ago period.
Total three-wheeler sales declined to 38,000 units in the third quarter ending December 31, 2023, compared to 43,000 units in FY22.
TVS recorded sales of 48,000 electric vehicles in the December quarter, compared to 29,000 units in the year-ago quarter.
Shares of the company closed 0.76 percent higher at Rs 2,002.20 on BSE.
(TagstoTranslate)Business News(T)Two-Wheeler(T)TVS Motor(T)Sales(T)Revenue(T)Q3(T)Net Profit(T)Exports(T)December Quarter(T)Consolidated