TVS Motor Company Records Highest Ever Revenue, EBITDA and Profit in a Quarter

-
Chennai, (NewsVoir):TVS Motor Company reported a highest ever operating revenue of Rs. 5,706 Crores in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020. The Company’s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended December 2020. The Company registered highest ever Operating EBITDA of Rs. 568 Crores during this quarter as against Rs. 511 Crores reported in the quarter ended December 2020. Company also registered highest ever PBT of Rs. 391 Crores during the quarter under review as against Rs. 362 Crores reported in the quarter ended December 2020. Profit After Tax (PAT) for the quarter ended December 2021 grew by 9% at Rs. 288 Crores against Rs. 266 Crores reported in the quarter ended December 2020.

The Company registered total two-wheeler sales of 8.35 Lakh units in the current quarter as against 9.52 Lakh units in the quarter ended December 2020. Two-wheeler export sales grew by 12% compared to Q3 of the last financial year. Motorcycles registered sales of 4.46 Lakh units as against sales of 4.26 Lakh units and Scooters registered sales of 2.56 Lakh units as against 3.11 Lakh units in the quarter ended December 2020. Total three-wheelers grew by 17% registering sales of 0.44 Lakh units in the quarter ended December 2021 as against sales of 0.38 Lakh units in the quarter ended December 2020.

Comments

Post a Comment

Popular posts from this blog

Indkal Technologies Raises 300 Crores in Series A Funding

-
Hyderabad : Indkal Technologies Private Limited, one of India’s fastest-growing consumer electronics startups has raised $36 million (approximately 300 crores INR). The round was led by Mauritius based Aries Opportunities Fund at an undisclosed valuation. Bengaluru-based Indkal Technologies has had an unprecedented run of growth in the consumer electronics and appliances space since its inception in 2020 and had a landmark year in March this year, touching 1000 crores in gross revenue while remaining bootstrapped during this growth spree, which is unique in this space. The infusion of fresh capital was done through strategic investors to support superior product development infrastructure of products like Air Conditioners, Televisions, Washing Machines and Refrigerators through a new state of the art R&D facility. The new capital will also be utilised to enhance company’s product portfolio, expand distribution and setup a wider service network base. Indkal is one of the largest tra
Read more

McDonald’s India Debuts International Favourite McCrispy Chicken Burger

-
Image
McDonald’s India Debuts International Favourite McCrispy Chicken Burger and First-Ever Crispy Veggie Burger Chennai: This festive season, McDonald’s India (W&S), owned and operated by Westlife Foodworld, has announced the launch of two premium burgers – the McCrispy Chicken Burger and the Crispy Veggie Burger. The McCrispy Chicken Burger, a global fan-favourite, is now making its much-anticipated debut in India, alongside the uniquely crafted Crispy Veggie Burger. These new additions underscore McDonald’s commitment to providing innovative and filling menu options catering to customers with diverse taste preferences. The McCrispy Chicken Burger features a whole-muscle chicken fillet patty, paired with a unique water-cut glazed bun, fresh lettuce and a creamy pepper mayo sauce. This burger promises a high-crunch, indulgent chicken experience that will set a new standard in the burger category. The Crispy Veggie Burger is a specially curated offering for vegetarian customers. This un
Read more