TVS Motor’s PAT up by 14.1 pc in FY 16-17

During the year, the Company strengthened its presence in the motorcycle and scooter segments with new launches and refreshed product portfolio. Motorcycles sales during fourth quarter of 2016-17 is 2.15 lakh units as against 2.47 lakh units registered in fourth quarter of 2015-16. Scooter sales increased from 1.98 lakh units in the fourth quarter of 2015-16 to 2.23 lakh units registered in the fourth quarter of 2016-17. The Company exported 0.98 lakh units of two-wheelers in the quarter under review as against 0.83 lakh units in the fourth quarter of 2015-16. 

Three wheelers registered sales of 0.15 lakh units in the quarter under review as against 0.21 lakh units in the fourth quarter of 2015-16. TVS Motor Company reported a marginal growth with total revenue going up from Rs.3090.77 crores in the fourth quarter of the financial year ended March 2016 to Rs.3139.22 crores in the fourth quarter of the year ended March 2017. Profit After Tax (PAT) reported for the quarter ended Mar 2017 is Rs 126.77 cr against Rs 136.03 for fourth quarter of previous fiscal.