Bengaluru, January 24, 2023: TVS Motor
Company’s operating revenue grew by 15% at Rs. 6,545 Crores for the quarter
ended December 2022 as against Rs. 5,706 Crores reported in the quarter ended
December 2021. Electric vehicles registered sales of 0.29 Lakh units in the
quarter ended December 2022 as against 0.02 Lakh units during the quarter ended
December 2021 and 0.16 Lakh units during quarter ended September 2022. The
Company’s Operating EBITDA grew by 16% at Rs. 659 Crores for the third quarter
of 2022-23 as against EBITDA of Rs. 568 Crores in third quarter of 2021-22. The
Company’s Operating EBITDA margin for the quarter is at 10.1% as against
Operating EBITDA margin of 10% reported in the third quarter of 2021-22. The
Company’s Profit Before Tax (PBT) grew by 21% at Rs. 475 Crores for the third
quarter of 2022-23 as against PBT of Rs. 391 Crores in third quarter of
2021-22.
https://www.tvsmotor.com/Media/Press-Release/TVS-Motor-Company-Posts-Cumulative-nine-months-PAT-of-more-than-thousand-crores-for-the-first-time
