Business Standard

TVS Motor's PAT falls 19 pc to Rs 134 cr in March quarter


Press Trust of India New Delhi
TVS Motor Company Tuesday reported a 19.2 per cent decline in its standalone profit after tax (PAT) to Rs 133.8 crore for the fourth quarter of 2018-19.
The company had posted a PAT of Rs 165.6 crore for the corresponding period of the previous financial year.
Revenue from operations rose to 4,384.02 crore, compared with Rs 4,007.24 crore a year ago, TVS Motor Company said in a regulatory filing.
The company's overall two-wheeler and three-wheeler sales, including exports, grew to 9.07 lakh units during the January-March quarter, against 8.89 lakh units in the year-ago period.
For the entire 2018-19 fiscal, the company posted a PAT of Rs 670.1 crore, up 1.13 per cent from Rs 662.6 crore in 2017-18.
Revenue from operations for 2018-19 stood at Rs 18,209.92 crore as compared with Rs 15,518.63 crore in 2017-18.
The company said its overall two-wheeler sales stood at 37.57 lakh units in the last financial year, compared with 33.67 lakh units in 2017-18.
Shares of the company Tuesday ended 4.03 per cent down to Rs 486 apiece on the BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 30 2019 | 5:00 PM IST

Explore News