TVS Motor Company Reports Highest Ever Revenue and Highest Ever EBITDA in Q2

Chennai | Thursday | 21st October, 2021

Summary:

Chennai, Tamil Nadu, India (NewsVoir) TVS Motor Company reported highest ever revenue of Rs.

5,619 Crores in the second quarter of 2021-22 as against Rs.

4,605 Crores in the second quarter of 2020-21 registering a growth of 22%.

Company also posted highest ever EBITDA of Rs.

562 Crores as against Rs.

430 Crores during the quarter ended September 2020, despite various challenges in terms of increase in commodity costs, scarcity of containers for international business and shortage in semiconductors through significant cost reduction initiatives and growth in revenue.