TVS Motor Q1 Profit Surges 67%
TVS Motor Company posted a robust June quarter, with net profit rising by roughly 50% year-on-year and revenue climbing around 38%, driven by strong domestic and international demand including a notable jump in EV sales. The results also showed an EBITDA rise to about 1,780 crore and an EBITDA margin near 12.8%, helped by price adjustments and cost optimization amid higher input costs. Production and sales momentum remained broad-based, with total two- and three-wheeler volumes up around 28% and EV volumes crossing the one-million milestone, underscoring a diversified growth across motorcycles, scooters, and three-wheelers. In tandem with the earnings, TVS Motor’s board approved raising up to 10 billion through non-convertible debentures and commercial papers to fund growth and refinancing. The market reacted positively, with the stock trading higher in multiple sessions following the announcements. Across sources, the consensus portrays a strong, multi-category performance supported by international expansion and a disciplined financial approach.
