For the total calendar year FY22, the revenues ended up greater by 19.5% at Rs33,145cr. On a yoy basis, the volumes two wheelers were being down by -30% at 339,100 models bought in Q4 FY2022 in comparison to 487,731 models offered in Q4 of FY21.
The domestic sales of CVs were being up 8% in the quarter at 50,055 units. Hence the total domestic product sales have been down -27% on acute chip scarcity impacting production and shipping schedules.
On the exports, the two wheeler exports however fell by -7% at 519,991 units when the exports of CVs fell -11% at 67,505 units. Overall exports fell by -8% and minimized the effect of the domestic slowdown brought on by the chip lack. Offer chain troubles carry on to be extreme.
The export realizations improved on account of good effect of price tag hikes, deferral of raw content expense hikes and favourable revenue blend. The gains include an outstanding obtain of Rs315cr toward accrual of incentives receivable from the federal government of Maharashtra. Web margins stood at 19.14% in Mar-22 quarter in contrast to 18.04% in Mar-21. NPM was higher sequentially as opposed to 15.85% in Q3.