TVS Motors Net Profit for Q3 Up by 16% to Rs 154 Cr

By Olga
Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    TVS Motors reported a 16.43% increase in its standalone net profit to Rs 154.25 crore for the third quarter ended 31 December 2017, reported PTI.

    TVS Motors Net Profit for Q3 Up by 16% to Rs 154 Cr

    The Chennai based company has had a robust growth in sales. It posted a standalone net profit of Rs 132.67 crore profit in its third quarter for the last year.

    TVS's Q3 results for the current financial year showed:

    • Rs 3,684.95 crore from Operations revenue while it was Rs 3,239.55 crore last year. These figures cannot be compared said the company as the Q3 figures for the current year are inclusive of net GST whereas the previous year had excise duty.
    • 7.99 lakh units of two-wheelers sold when compared to 7.03 lakh units in the last year. Growth percentage is 13.8%.
    • 3.14 lakh units of motorcycles sold in the third quarter of current year. It is 26.7% higher than last year's 2.48 lakh units.
    • Scooter sales up by 21.6% from 2.11 lakh units to 2.69 lakh units.
    • Three-wheeler sales increased by 67.7% to 26,968 units.
    • Total exports of two and three-wheelers up by 41.4% from 99,000 units to 1.40 lakh units.

    TVS Motor Co. shares were down by 1.90% from the previous close of Rs. 706 a piece on BSE.

    Read more about: tvs q3 q3 review
    Story first published: Tuesday, January 30, 2018, 14:40 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more