TVS Motor, the Indian two-wheeler manufacturer reported its financial result for the quarter ended on December, 31 with a net profit of Rs 178.4 crores, posting a net increase of 15 per cent year-on-year basis.
The company during the same quarter of the previous year had reported a profit of Rs 154.4 crores. TVS Motors’ total revenue during the quarter under review grew by 26 per cent to Rs 4,664 crores as against Rs 3,703.1 crores a year ago.
The company’s EBITDA or (earnings before interest, taxes, depreciation and amortization) stood at Rs 375.7 crores during the said quarter, posting a 25 per cent increase as compared to Rs 300.5 crores during the Q3 FY18.
The operating margin was reported stagnant at 8.1 per cent as against 8.12 per cent last year.
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