TVS Motor Company releases positive Q1 revenue numbers

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TVS Star City  (24)

TVS Motor Company announced a revenue growth of 13.7% for the quarter ended June 2015 with total revenue growing from Rs. 2305.39 crores in the quarter ended June 2014 to Rs. 2621.23 crores in the quarter ended June 2015. Total two-wheeler sales of the company grew by 8.8% in the quarter ended June 2015, increasing from 5.59 lakh units in the corresponding quarter of the previous year to 6.08 lakh units in the quarter ended June 2015.

Motorcycle sales grew by 11.8% increasing from 2.28 lakh units in the quarter ended June 2014 to 2.55 lakh units in the quarter ended June 2015. Scooter sales grew by 8.6% in the quarter ended June 2015 increasing from 1.52 lakh units recorded in the quarter ended June 2014 to 1.65 lakh units in the quarter under review.

TVS Scooty Zest 110 Review (32)

Two and three wheeler exports of the company registered a growth of 22.7% with sales increasing from 0.97 lakh units in the quarter ended June 2014 to 1.19 lakh units in the quarter ended June 2015. Three wheeler sales for the quarter ended June 2015 grew by 21.0% increasing from 24,982 units in the quarter ended June 2014 to 30,229 units in the quarter ended June 2015. Profit before tax during the quarter under review, grew by 17.5% from Rs. 100.51 crores recorded in the quarter ended June 2014 to Rs.118.05 crores in the quarter ended June 2015.

Profit after tax for the quarter ended June 2015 grew by 24.8%. PAT increased from Rs. 72.32 crore reported in quarter ended June 2014 to Rs 90.27 crore in the quarter ended June 2015.

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