TVS Motor Company consolidated net profit rises 318.76% in the March 2021 quarter

Sales rise 49.39% to Rs 6131.90 crore

Net profit of TVS Motor Company rose 318.76% to Rs 310.05 crore in the quarter ended March 2021 as against Rs 74.04 crore during the previous quarter ended March 2020. Sales rose 49.39% to Rs 6131.90 crore in the quarter ended March 2021 as against Rs 4104.71 crore during the previous quarter ended March 2020.

For the full year,net profit declined 4.86% to Rs 594.26 crore in the year ended March 2021 as against Rs 624.62 crore during the previous year ended March 2020. Sales rose 3.03% to Rs 19420.82 crore in the year ended March 2021 as against Rs 18849.31 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales6131.904104.71 49 19420.8218849.31 3 OPM %12.6812.65 -11.4812.01 - PBDT579.35311.74 86 1395.811461.75 -5 PBT419.92155.16 171 830.99905.75 -8 NP310.0574.04 319 594.26624.62 -5

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