TVS Motor reports decline of 47% in profit befiore tax for Q4FY20

The overall two-wheeler and three-wheeler sales including exports registered 633,000 units in the quarter as against 907,000 units registered in the quarter ended March 2019

Two-wheeler major TVS Motor on Thursday reported a decline of 47.13 per cent in profit before tax at Rs 114.83 crore for the quarter ended March 31, 2020, as compared to Rs 217.19 crore during the same quarter last year, the period during which the company saw the transition of products from BS IV to BS VI and its retail sales impacted for the last few days due to the Covid-19 lockdown. The company's total income stood at Rs 4,128.67 crore during Q4FY20 compared to Rs 4,967.03 crore during the same quarter last year, marking a decline of 16.9 per