Latest


TVS Motor's Q1FY22 net profit at Rs 53 cr

  •   Fri, Jul 30 2021 08:27:27 AM

New Delhi, Jul 30 (IANS): Two-and-three wheeler manufacturer TVS Motor on Thursday reported a net profit of Rs 53 crore during the first quarter of 2021-22.

The company had reported a net loss of Rs 139 crore during first quarter of 2020-21.

"During the quarter, company incurred Rs 30 crore towards Covid-19 related expenses and the same is shown as an exceptional item," it said.

TVS Motor Company reported operating revenue of Rs 3,934 crore for the quarter ended June 2021 as against Rs 1,432 crore earned during Q1FY21.

"The overall two-wheeler and three-wheeler sales including exports registered 6.58 lakh units in the quarter ended June 2021 as against 2.67 lakh units registered in the quarter ended June 2020.

"Motorcycle sales registered 4.05 lakh units in the quarter ended June 2021 as against 1.19 lakh units in quarter ended June 2020," a statement said.

In addition, scooter sales for the quarter ended June 2021 is 1.40 lakh units against the sales of 0.82 lakh units in the first quarter of 2020-21.

 
  

Top Stories

Land Trades reaches out to rural children through Vidya Sankalp CSR initiative

  •   11 hours ago   

Leave a Comment

Title: TVS Motor's Q1FY22 net profit at Rs 53 cr



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like