EID Parry (India) posted a standalone turnover of Rs.634.69 crore for the fourth quarter ended March 31, 2013, against Rs.462.37 crore in the year-ago period. Earnings before depreciation, interest charges and taxation stood at Rs.156.63 crore against Rs.179.69 crore. The results included the full year numbers of Haliyal and Sankili, the demerged units of Parry Sugar Industries Limited.
The consolidated turnover for the quarter was Rs.2,599.26 crore against Rs.3,585,28 crore and the profit after tax and before minority interest at Rs.94.66 crore against Rs.172.37 crore.
TVS Motor
TVS Motor has achieved a total revenue of Rs.7,065 crore for the year ended March 31, 2023 as against Rs.7,142 crore in the previous financial year. The profit before tax and exceptional and extraordinary items stood at Rs.254.42 crore against Rs.316.46 crore in the year ended March 2012.
The company has made a provision of Rs.91.63 crore for diminution in value of its overseas investment. Consequently the profit before tax and the profit after tax after exceptional and extraordinary items, stood at Rs.163.58 crore and Rs.116.02 crore, respectively. In the previous financial year, the profit after tax was Rs.249.09 crore.
During the year the company introduced TVS Phoenix in the motorcycle executive segment, along with upgrades in the other segments of the motorcycle and scooter markets with the aim to consolidate and leverage a complete product portfolio. For the fourth quarter ended March 31, 2013, the company reported a revenue of Rs.1,748 crore compared to Rs.1,637 crore recorded during corresponding quarter in the previous year.
The profit after tax before exceptional and extraordinary items was Rs.58.12 crore against Rs.57.23 crore in the corresponding period last year. The directors have declared a second interim dividend of 60 paise per share for the year 2012-13. It paid a first interim of 60 paise in February.
