Highlights
Profit before tax is highest ever for a quarter, at Rs. 511 crore
Overall quarterly two-wheeler sales are reported at 9.52 lakh
TVS Motor Company has reported the highest ever revenue of ₹ 5,404 crore in the third quarter of 2020-21. The revenue during October to December 2020, grew by 31 per cent from ₹ 4,126 crore in the third quarter of 2019-20. The company also reported the highest ever EBITDA (earnings before interest, taxes, depreciation and amortisation) of ₹ 511 crore for the third quarter, recording a growth of 41 per cent against ₹ 363 crore in the third quarter of 2019-20. During the current quarter, TVS reported the highest-ever quarterly Profit After Tax (PAT) of ₹ 266 crore, while profit before tax also is the highest for a quarter, at ₹ 362 crore in the third quarter of 2020-21, as against ₹ 146 crore in the third quarter of 2019-20.
Highlights
It is the most affordable variant of the Jupiter on sale in India
It gets the same engine as other variants
TVS Motor Company has launched a new variant of the Jupiter in India. The new variant is called Sheet White Metal and it is priced at ₹ 63,497. The other variants of the Jupiter scooter get a price hike of up to ₹ 2,770. Along with the new model, there are five variants of the Jupiter on sale right now, with prices ranging from ₹ 63,497 to ₹ 72,472. The standard model is priced at ₹ 65,497, the ZX variant is priced at ₹ 68,247 while the ZX disc brake variant is priced at ₹ 72,347. Lastly, the top-spec Jupiter Classic variant is priced at ₹ 72,472. All prices are ex-showroom, Delhi.