2/3 Wheelers company TVS Motors Company announced Q3FY24 & 9MFY24 results: Q3FY24: Operating revenue grew by 26% at Rs 8,245 crore for Q3FY24 as against Rs 6,545 crore reported in Q3FY23. Operating EBITDA grew by 40% at Rs 924 crore for Q3FY24 as against Rs 659 crore in Q3FY23. Operating EBITDA margin for Q3FY24 is highest at 11.2% as against 10.1% reported in Q3FY23. Profit Before Tax (PBT) grew by 63% at Rs 775 crore for Q3FY24 as against PBT of Rs 475 crore in Q3FY23. PBT for Q3FY24 includes Rs 73 crore of Other Income relating to gains realised from investments. Profit After Tax (PAT) grew by 68% at Rs 593 crore for Q3FY24 as against Rs 353 crore in Q3FY23. The Company reported total two-wheeler sales at 10.63 Lakh units in Q3FY24 as against 8.36 Lakh units in Q3FY23. Total three-wheelers registered sales of 0.38 Lakh units in Q3FY24 as against 0.43 Lakh units in Q3FY23. Electric vehicles registered sales of 0.48 Lakh units in Q3FY24 as against 0.29 Lakh units during Q3FY23. 9MFY24: Operating revenue reported for 9MFY24 is Rs 23,608 crore as against Rs 19,773 crore reported for 9MFY23. PBT grew by 45% at Rs 2,109 crore for 9MFY24 as against Rs 1,457 crore during 9MFY23 surpassing the PBT of FY23 of Rs 2,003 crore. PAT grew by 48% at Rs 1,598 crore for 9MFY24 as against Rs 1,081 crore during 9MFY23. Two-wheeler sales including exports grew by 13% registering 30.13 Lakh units in 9MFY24 as against 26.74 Lakh units registered in 9MFY23. Total three-wheeler sales are at 1.16 Lakh units for 9MFY24 as against 1.40 Lakh units during 9MFY23. Electric vehicles registered sales of 1.44 Lakh units for 9MFY24 as against 0.54 Lakh units during 9MFY23. Result PDF