TVS Motor Q3 net up 9% to Rs 288 cr, revenue at all-time quarterly high

The company's operating EBITDA margin stood at 10 per cent during the period under review as against 9.5 per cent during the third quarter ended December 2020

TVS Motor Company, the flagship company of TVS Group, has posted a 9 per cent rise in net profit during the third quarter of the current financial year to Rs 288 crore, from Rs 266 crore during the October to December quarter of 2020-21, owing to better sales.

The company reported a highest-ever operating revenue of Rs 5,706 crore in the third quarter of 2021-22 as against Rs 5,391 crore in the third quarter ended December 2020. The company’s operating EBITDA margin was at 10 per cent during the period under review as against 9.5 per cent during the third quarter