TVS Motor posts highest-ever revenue and profit numbers in Q3 of FY21

During the nine-month period, focused working capital management and improved operating performance helped the Company generate free cash flow of Rs 1,616 crore

TVS Motor Company has reported its highest-ever profit after tax (PAT) of Rs 266 crore for the quarter ended December 31, 2020. In comparson the profit for the same quarter a year ago was Rs 121.07 crore .

The company clocked the highest ever revenue of Rs 5,404 crore in the third quarter of 2020-21 as against Rs 4,126 crore in the third quarter of 2019-20, registering a growth of 31 per cent. 

The company reported highest ever EBITDA of Rs 511 Crore for the third quarter, up 41 per cent from Rs 363 Crore in third quarter of 2019-20.