Hyderabad, Jan 28 (UNI) TVS Motor Company on Tuesday reported a 10 percent increase in its revenue to Rs. 9,097 Crores for the quarter ended December 2024 as against Rs. 8,245 Crores in the same period in the previous year.

The Company’s Operating EBITDA grew by 17 percent at Rs. 1,081 Crores during the quarter as against Rs. 924 Crores in the corresponding period in 2023-24.

Profit Before Tax (PBT) rose by 8 percent to Rs. 837 Crores during the quarter as against Rs. 775 Crores in the third quarter of 2023-24, the company said in a release.

PBT for the quarter includes a fair valuation loss of Rs. 41 Crores as against a gain of Rs.65 Crores during Q3 of last year.

The overall two-wheeler and three-wheeler sales including exports grew by 10 percent registering 12.12 Lakh units during the quarter as against 11.01 Lakh units in the same period in the previous year.

Motorcycle sales grew by 6 percent registering 5.56 Lakh units in the quarter ended December 2024 as against 5.23 Lakh units in the quarter ended December 2023. Scooter sales during the quarter grew by 22 percent at 4.93 Lakh units as against 4.04 Lakh units in the corresponding period in the previous year.

Three-wheeler sales during the quarter under review are at 0.29 Lakh units as against 0.38 Lakh units during the third quarter of 2023-24.

Electric Scooter sales during the quarter grew by 57 percent at 0.76 lakh units as against 0.48 lakh units in the same period in the previous year.

However, for the nine months, operating revenue increased by 13 percent to Rs. 26,701 Crores in FY25 as against Rs. 23,608 Crores for the corresponding period in the previous year.

The Company’s net profit increased by 16 percent to Rs. 1,858 Crore for the nine months ended December 2024 as against Rs. 1,598 Crore during the nine months ended December 2023.

UNI KNR BD