TVS Motor Q2 end result: TVS Motor Firm on Monday reported flat consolidated internet revenue at Rs 386.34 crore for the second quarter ended September 30, whilst its general gross sales witnessed a 5 per cent year-on-year rise.
The corporate had reported a internet revenue of Rs 386.31 crore within the July-September interval of final fiscal.
Its whole earnings, nevertheless, rose to Rs 9,984 crore within the second quarter towards Rs 8,591 crore within the year-ago interval, TVS Motor Firm mentioned in a regulatory submitting. On a standalone foundation, the corporate’s internet revenue rose to Rs 537 crore from Rs 407 crore in the identical quarter final fiscal, it added.
TVS mentioned its general two-wheeler and three-wheeler gross sales, together with exports, grew by 5 per cent within the second quarter to 10.74 lakh models in comparison with 10.27 lakh models within the quarter ended September 2022.
Bike gross sales elevated 3 per cent to 4.93 lakh models within the interval below evaluate from 4.77 lakh models within the corresponding quarter of the final 12 months. Scooter gross sales for the September quarter rose 10 per cent to 4.2 lakh models towards 3.83 lakh models in the identical quarter final fiscal.
TVS mentioned its whole three-wheeler gross sales for the quarter below evaluate stood at 43,000 models towards 51,000 models within the second quarter of 2022-23. In addition to, the corporate recorded exports of two.39 lakh two-wheeler models within the July-September quarter in comparison with 2.52 lakh models within the year-ago interval.
Shares of TVS Motor Firm on Monday ended 1.03 per cent up at Rs 1,609.70 apiece on the BSE.
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