TVS Motor Company today posted 13.2 per cent increase in profit after tax (PAT) at Rs 146.6 crore for the June quarter, riding on the back of robust sales across verticals.
The company had reported a PAT of Rs 129.5 crore for April-June, 2017-18.
Total revenue grew to Rs 4,171 crore in the first quarter of 2018-19 as compared with Rs 3,456.6 crore in the year-ago period, TVS Motor said in a statement.
During the reported quarter, the overall two-wheeler sales of the company including exports grew 14 per cent to 8.93 lakh units from 7.85 lakh units in the same period of 2017-18.
Motorcycles sales grew 17 per cent to 3.87 lakh units as compared with 3.3 lakh units in April-June, 2017-18.
Scooter sales grew 12 per cent to 2.88 lakh units as compared with 2.58 lakh units in the year-ago period.
Total exports of the company grew 52 per cent to 1.90 lakh units from 1.25 lakh units in the quarter ended June 2017.
Share of TVS Motor Company were trading 3.93 per cent up at Rs 548.85 per scrip on BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app