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For the total calendar year FY22, the revenues were higher by 19.5% at Rs33,145cr. On a yoy basis, the volumes two wheelers had been down by -30% at 339,100 units bought in Q4 FY2022 in contrast to 487,731 units sold in Q4 of FY21.
The domestic revenue of CVs were up 8% in the quarter at 50,055 units. Consequently the overall domestic income were down -27% on acute chip lack impacting manufacturing and shipping schedules.
On the exports, the two wheeler exports even now fell by -7% at 519,991 units while the exports of CVs fell -11% at 67,505 models. All round exports fell by -8% and reduced the effect of the domestic slowdown prompted by the chip scarcity. Supply chain challenges carry on to be serious.
The export realizations enhanced on account of optimistic impression of selling price hikes, deferral of raw product value hikes and favourable revenue combine. The revenue include an exceptional get of Rs315cr in direction of accrual of incentives receivable from the federal government of Maharashtra. Web margins stood at 19.14% in Mar-22 quarter compared to 18.04% in Mar-21. NPM was increased sequentially when compared to 15.85% in Q3.
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