TVS Holdings standalone net profit rises 35.86% in the March 2024 quarter

Sales decline 41.01% to Rs 370.28 crore

Net profit of TVS Holdings rose 35.86% to Rs 219.22 crore in the quarter ended March 2024 as against Rs 161.36 crore during the previous quarter ended March 2023. Sales declined 41.01% to Rs 370.28 crore in the quarter ended March 2024 as against Rs 627.72 crore during the previous quarter ended March 2023.

For the full year,net profit rose 24.03% to Rs 338.74 crore in the year ended March 2024 as against Rs 273.11 crore during the previous year ended March 2023. Sales declined 26.29% to Rs 1598.91 crore in the year ended March 2024 as against Rs 2169.30 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales370.28627.72 -41 1598.912169.30 -26 OPM %63.6429.43 -32.0917.17 - PBDT252.13177.87 42 452.81335.91 35 PBT251.43150.64 67 415.19235.97 76 NP219.22161.36 36 338.74273.11 24

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