Hosur (Tamil Nadu) [India], November 1 (ANI/NewsVoir): TVS Motor Company registered 355,033 units in October 2021 as against sales of 394,724 units in the month of October 2020.
Chennai Tamil Nadu India NewsVoir TVS Motor Company reported highest ever revenue of Rs 5619 Crores in the second quarter of 2021-22 as against Rs 4605 Crores in the second quarter of 2020-21 registering a growth of 22 Company also posted highest ever EBITDA of Rs 562 Crores as against Rs 430 Crores during the quarter ended September 2020 despite various challenges in terms of increase in commodity costs scarcity of containers for international business and shortage in semiconductors through significant cost reduction initiatives and growth in revenue Companys PBT grew by 41 at Rs 377 Crores during this quarter as against Rs 267 Crores during the quarter ended September 2020 Company registered Operating EBITDA margin of 10 during this quarter as against 93 during the quarter ended September 2020 Total two-wheeler sales of 870 Lakh units were registered in the quarter as against 834 Lakh units in the second quarter of 2020-21 Two-wheeler export sales grew by 46 compared to Q2 of the last year Motorcycles registered sales of 439 Lakh units in the quarter ended September 2021 as against sales of 366 Lakh units registered in the quarter ended September 2020 Scooter sales of the Company for the quarter registered 266 Lakh units as against sales of 270 Lakh units in the quarter ended September 2020 Total three-wheelers registered sales of 047 Lakh units in the quarter ended September 2021 as against sales of 033 Lakh units in the quarter ended September 2020 During the quarter focused working capital management and improved operating performance helped the Company to generate operating free cash flow of Rs 1090 Crores Half-year results The total two-wheeler sales of the Company for the half-year ended September 2021 is 1488 Lakh units as against 1090 Lakh units recorded in the half-year ended September 2020 The total three-wheeler sales for the half-year ended September 2021 is 086 Lakh units as against 045 Lakh units registered in the half-year ended September 2020 The total export of two and three-wheelers for the half-year ended September 2021 is 643 Lakh units as against 296 Lakh units in the half-year ended September 2020 Total revenue in the half-year ended September 2021 is Rs 9554 Crores against Rs 6037 Crores in the half-year ended September 2020 PBT before exceptional items for the half-year ended September 2021 is Rs 479 Crores as against Rs 78 Crores in the half-year ended September 2020 During the half-year ended September 2021 Company reported Profit After Tax of Rs 331 Crores as against Rs 57 Crores in the half-year ended September 2020 About TVS Motor Company We are a reputed two and three-wheeler manufacturer and the flagship company of the USD 85 billion TVS Group We believe in Championing Progress through Mobility Rooted in our 100-year legacy of Trust Value Passion for Customers and Exactness we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes We endeavour to deliver the most superior customer experience at all our touch points across 70 countries We are the only two-wheeler company to have received the prestigious Deming Prize Our products lead in their respective categories in the JD Power IQS and APEAL surveys for the past five years We have been ranked No 1 Company in the JD Power Customer Service Satisfaction Survey for consecutive four years For more information please visit wwwtvsmotorcom PWR PWR
Hosur (Tamil Nadu) [India], September 1 (ANI/NewsVoir): TVS Motor Company registered sales of 290,694 units in August 2021 as against sales of 287,398 units in the month of August 2020.