Q4FY18 PAT of TVS Motor accelerates 30.6 per cent

TVS Motor Company standalone revenue for the quarter came in at Rs. 3,992.76 crore , registering 29.8 per cent yoy increase.

EBITDA for the quarter rose by 73.8 per cent yoy to Rs. 280.67 crore with a corresponding margin expansion of 178 bps. EBITDA margin for the quarter stood at 7 per cent .

The PAT for the quarter came in at Rs. 165.61 crore , yoy increase of 30.6 per cent .

Looking at full-year numbers, the revenue for FY18 surge 17.3 per cent yoy to Rs. 15,473 crore. However, EBITDA for the year decreased slightly by 1.2 per cent yoy to Rs. 847 crore with corresponding margin contraction of 100 bps. EBITDA margin for the year stood at 5.5 per cent. But, PAT rose 18.7 per cent yoy to Rs. 663 crore.

The overall two-wheeler and three-wheeler sales rose 31.7 per cent to 8.89 lakh units in last quarter of FY18.

The company’s total export (two and three-wheeler) increased 45.3 per cent yoy to 1.61 lakh units in Q4FY18.

After posting this numbers, the stock of TVS Motor turned volatile and tanked almost 6 per cent to intraday low of Rs. 580.4 per share, but later it recovered and closed at Rs. 611.