Tuesday, 26 July 2016

TVS Motor Q1 net profit up 21%, EBITDA Margins rise 16%

TVS Motor is expected to post net profit at Rs 121 crore, up 21.2 percent in April-June quarter from Rs 100 crore in year-ago period. 

During the quarter, total income may rise 11.9 percent at Rs 2881 crore against Rs 2574 crore year-on-year. EBITDA in Q1 was up 16 percent at Rs 200 crore versus Rs 172.7 crore and EBITDA margin at 6.9 percent versus 6.7 percent (YoY). 

 In Q1 realisations were down 0.5 percent at 40,100/unit against 40,300/unit.



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