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.