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TVS Motor Company reported lower after-tax earnings (PAT) of C $ 211.3 billion for the second quarter ended September 2018, down from $ 213.2 in the same quarter of last year. Previous year.
increased by 21.9% during the quarter under review to 4,994.21 crowns, against 4,097.99 crore in the same quarter the year before.
Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to 428.2 crore (362.6 crore)), up 18.1%. EBITDA for the quarter at 8.6%. EBITDA rose 90 basis points sequentially.
Profit before tax was Rs 306.2 crore compared to Rs 296.8 crore in the same period last year, which included a theoretical fair value gain of $ 31.7 crores for the quarter closed in September 2017.
Interim dividend
The board of directors of the company declared an interim dividend of 2 2.10 per share (210%) for the year 2018-2019, absorbing a sum of 120.28 crores of annuity, including the tax on dividends.
Lalita D. Gupte, currently president of India Infradebt Ltd. and ICICI Lombard General Insurance Co Ltd., has been appointed Independent Director.
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