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Audited Results of TVS Motor Company Ltd. Company

(Rs in Cr.)	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Operating Income	26,378.09	20,790.51	16,750.54	16,423.34	18,209.92
Manufacturing Expenses	101.93	93.12	75.90	90.30	110.08
Personnel Expenses	1,345.09	1,136.36	948.47	938.41	922.63
Selling Expenses	328.56	317.11	315.32	420.54	391.84
Administrative Expenses	1,882.57	1,424.52	1,212.30	1,440.80	1,438.82
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	23,703.40	18,828.77	15,321.99	15,077.48	16,776.67
Operating Profit	2,674.69	1,961.74	1,428.55	1,345.86	1,433.25
Other Recurring Income	100.57	18.99	32.97	32.10	7.54
Adjusted PBDIT	2,775.26	1,980.73	1,461.52	1,377.96	1,440.79
Financial Expenses	140.66	125.92	141.60	102.19	80.56
Depreciation	631.23	611.44	493.68	489.03	399.27
Other Write offs	0	0	0	0	0
Adjusted PBT	2,003.37	1,243.37	826.24	786.74	960.96
Tax Charges	512.34	319.65	214.20	162.16	290.82
Adjusted PAT	1,491.03	923.72	612.04	624.58	670.14
Non Recurring Items	-19.75	-10.84	5.44	-66.24	5.55
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	1,491.03	893.56	612.04	592.25	670.14
Equity Dividend	237.54	178.16	166.28	132.53	132.58
Preference Dividend	0	0	0	0	0
Retained Earnings	5,125.20	3,891.46	3,156.74	2,742.51	2,384.15

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