TVS Lanka revenue jumps to Rs. 2.7 billion in 2014/15
View(s):TVS Lanka, a premier automotive company in the country specialising in motor cycles, scooters and three wheelers, says it has recorded “a ground breaking performance” surpassing all key performance indicators significantly during the financial year of 2014/2015.
“The 2014/15 performance was very significant and in fact a major turnaround with Rs.2.7 billion revenue growth which accounts for 60 per cent growth over the previous year. PBT (profits before tax) has grown even more by three times over the correspondig year. The company has now entered the league of over Rs. 1 Billion revenue per month in the new financial year,” said Ravi Liyanage – Chief Executive Officer of TVS Lanka.
Five new innovative products launched had gained overwhelming consumer response. These new entries included the TVS Scooty Zest 110cc with state-of-the- art technology such as Econo Power Meter, Telescopic Suspension, Tubeless Tires, etc.