TVS sees robust domestic, export demand

    The two-wheeler manufacturer saw its H1 revenue rise by 21 percent.

    Published On Oct 26, 2018 06:00:00 AM

    5,227 Views

    TVS sees robust domestic, export demand

    Chennai-based two-wheeler-maker, TVS Motor Company, has reported strong numbers during Q2 and the half-year of FY2019. TVS has reportedly clocked revenues of Rs 9,165 crore, up 21.3 percent in H1 FY2019, while operating PAT was Rs 305 crore, an increase of 17.2 percent YoY.

    In the first half of the financial year, the company sold 19.41 lakh units (16,19,439 domestic and 3,23,165 export), which marks a year-on-year growth of 13.6 percent. This includes 6,76,000 scooters (+15.4 percent) and 8,07,000 motorcycles (+16 percent).

    For the second quarter of FY2019, the company reported revenues of Rs 4,994 crore (+21.9 percent), EBITDA at Rs 428 crore and EBITDA margin at 8.6 percent. The operating PAT also grew by 11 percent, at Rs 190 crore. During Q2, the company sold a cumulative 10.49 lakh two-wheelers (+13.6 percent), including 4,20,000 motorcycles (+14.9 percent) and 3,88,000 scooters (+18.2 percent). 

    In the last few weeks, TVS has brought out updated versions of its Wego and Jupiter scooters and brought out a refreshed Star City Plus.

    Also see:

    2018 TVS Radeon review, test ride

    Rally-spec TVS Ntorq SXR ride experience

    TVS Apache RTR 160 4V crosses 1 lakh sales

    2018 TVS Ntorq 125 long term review, second report

    TVS Bikes

    Copyright (c) Autocar Professional. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Bike Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.31%

    Yes, but only if there is increased performance

     

    44.42%

    No, it's just a gimmick to increase the price

     

    29.40%

    It doesn't always work; just look at Tata JTP

     

    7.87%

    Total Votes : 1524
    Sign up for our newsletter

    Get all the latest updates from the automobile universe