TVS Motor Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 101,139.4 million compared to INR 80,661.3 million a year ago. Revenue was INR 101,258.2 million compared to INR 80,750.6 million a year ago. Net income was INR 4,787.5 million compared to INR 3,008.9 million a year ago. Basic earnings per share from continuing operations was INR 10.08 compared to INR 6.33 a year ago. Diluted earnings per share from continuing operations was INR 10.08 compared to INR 6.33 a year ago.
For the nine months, sales was INR 291,022.7 million compared to INR 239,425.9 million a year ago. Revenue was INR 292,516.2 million compared to INR 240,134.5 million a year ago. Net income was INR 12,993.9 million compared to INR 9,925.7 million a year ago. Basic earnings per share from continuing operations was INR 27.35 compared to INR 20.89 a year ago. Diluted earnings per share from continuing operations was INR 27.35 compared to INR 20.89 a year ago.