Shares of the company ended 4.03% on the BSE on Tuesday (Mint)
Shares of the company ended 4.03% on the BSE on Tuesday (Mint)

TVS Motor Q4 net profit dips 19% to 134 crore

  • Revenue from operations rose to 4,384.02 crore, against 4,007.24 crore a year ago
  • Overall two-wheeler and three-wheeler sales, including exports, grew to 9.07 lakh units in Q4, from 8.89 lakh units a year ago

New Delhi: TVS Motor Company on Tuesday reported a 19.2% decline in its standalone profit after tax (PAT) to 133.8 crore for the fourth quarter of 2018-19. The company had posted a profit after tax (PAT) of 165.6 crore a year ago.

Revenue from operations rose to 4,384.02 crore in the fourth quarter, against 4,007.24 crore a year ago, TVS Motor Company said in a regulatory filing.

The company's overall two-wheeler and three-wheeler sales, including exports, grew to 9.07 lakh units during the January-March quarter, from 8.89 lakh units in the same period last year.

For 2018-19, the company posted a PAT of 670.1 crore, up 1.13% from 662.6 crore in 2017-18.

Revenue from operations for 2018-19 stood at 18,209.92 crore, against 15,518.63 crore in 2017-18.

The company said its overall two-wheeler sales stood at 37.57 lakh units in the last financial year, compared with 33.67 lakh units in 2017-18.

Shares of the company ended 4.03% on the BSE on Tuesday.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed

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