Stock Report

TVS Motor Company Ltd reports loss of Rs. 179.37 crore in Q1FY21



Posted On : 2020-07-29 17:39:52( TIMEZONE : IST )

TVS Motor Company Ltd reports loss of Rs. 179.37 crore in Q1FY21

TVS MOTOR COMPANY LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.1946.35 crores during the period ended June 30, 2020 as compared to Rs.4128.67 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(179.37) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.85.26 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(3.78) for the period ended June 30, 2020 as compared to Rs.1.56 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 1946.35 crs₹ 4128.67 crsDown Tick -52.86%
Net Profit₹ (179.37) crs₹ 85.26 crsDown Tick -310.38%
EPS₹ (3.78)₹ 1.56Down Tick -342.31%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.1946.35 crores during the period ended June 30, 2020 as compared to Rs.5026.27 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.(179.37) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.146.40 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.(3.78) for the period ended June 30, 2020 as compared to Rs.3.08 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 1946.35 crs₹ 5026.27 crsDown Tick -61.28%
Net Profit₹ (179.37) crs₹ 146.40 crsDown Tick -222.52%
EPS₹ (3.78)₹ 3.08Down Tick -222.73%

TVS Motor Company's overall two-wheeler sales including exports was 2.55 Lakh units during quarter ended June 2020 as against sales of 8.84 Lakh units reported in the quarter ended June 2019.

Motorcycles registered sales of 1.19 Lakh units in the quarter ended June 2020 as against sales of 4.17 Lakh units registered in the quarter ended June 2019. Scooter sales of the Company for the quarter registered sales of 0.82 Lakh units as against sales of 2.95 Lakh units in the quarter ended June 2019.

The total export of the Company registered sales of 0.81 Lakh units during the quarter ended June 2020 as against sales of 2.09 Lakh units in the quarter ended June 2019.

Total three wheelers registered sales of 0.12 Lakh units in the quarter ended June 2020 as against sales of 0.40 Lakh units in the quarter ended June 2019.

Shares of TVS MOTOR COMPANY LTD. was last trading in BSE at Rs.402.15 as compared to the previous close of Rs. 406.1. The total number of shares traded during the day was 72243 in over 1795 trades.

The stock hit an intraday high of Rs. 414.35 and intraday low of 397.85. The net turnover during the day was Rs. 29371304.

Source : Equity Bulls

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