Chennai: TVS Motor Company reported highest ever revenue of Rs. 5,619 Crores in the second quarter of 2021-22 as against Rs. 4,605 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. Company’s 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 9.3% during the quarter ended September 2020.
Total two-wheeler sales of 8.70 Lakh units were registered in the quarter as against 8.34 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 4.39 Lakh units in the quarter ended September 2021 as against sales of 3.66 Lakh units registered in the quarter ended September 2020. Scooter sales of the Company for the quarter registered 2.66 Lakh units as against sales of 2.70 Lakh units in the quarter ended September 2020. Total three wheelers registered sales of 0.47 Lakh units in the quarter ended September 2021 as against sales of 0.33 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. 1,090 Crores.
Half-year results
The total two-wheeler sales of the Company for the half-year ended September 2021 is 14.88 Lakh units as against 10.90 Lakh units recorded in the half-year ended September 2020. The total three-wheeler sales for the half-year ended September 2021 is 0.86 Lakh units as against 0.45 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 6.43 Lakh units as against 2.96 Lakh units in the half-year ended September2020.
Total revenue in the half-year ended September 2021 is Rs. 9,554 Crores against Rs. 6,037 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.
Bengaluru, India – May 02, 2024 – Agora, Inc.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
India – April 30, 2024 – Solitario, the premier destination for luxury lab-grown diamo
Mumbai - National, 29th April 2024: Greenply Industries Limited, a pioneer in the interior infrastructu
Bengaluru, 29 April 2024: Zepp Health, a global provider of smart wearables and health technology, has announced the launch o
Kerala / 04-05-2024
Scientists need to check misuse of traditional knowledge: CSIR-NIIST workshop on IPRCorporate / 04-05-2024
CSIR-NIIST opens Innovation Centre for startups Facility to promote tech-driven entrepreneurshipElectronics / 04-05-2024
Samsung to Soon Unveil Galaxy F55 5G with Premium Vegan Leather Finish in IndiaCorporate / 04-05-2024
Manoj Bajpayee Joins the Nand Ghar MovementKerala / 04-05-2024
Kerala startup Alibi Global inks MoU with IIT Bombay Pact enables transfer of Spherical Robot tech for room interventionPelikken © Copyright 2022, All Rights Reserved
