TVS Motor Company witnessed an upsurge in its share price up to 3.16 percent to hit an intraday high of INR 2,646.25 per share on Thursday. This growth in the share price is due to a healthy September quarter (Q2FY25) report that was announced on October 23. From Rs 537 crore in the September quarter of financial year 2024 (Q2FY24), TVS Motor profit rose 23.4 percent year-on-year (Y-o-Y) to Rs 662.6 crore in the September quarter of financial year 2025 (Q2FY25).
Furthermore, from Rs 8,145 crore in Q2FY24, the company’s revenue has soared over 13 percent to INR 9,228.2 crore in Q2FY25. This showcased the company's highest ever operating revenue.
IF we look at it from the operational front, earnings before interest, tax, depreciation and amortization (EBITDA) jumped 20 percent annually to Rs 1,079.8 crore in the September quarter of FY25. Previously it stood at Rs 900 crore in the September quarter of FY24. Also to note, this was the company's highest ever operating EBIDTA. At the sametime, if we look at the Ebitda margin, it expanded 70 basis points (BPS) to 11.7 percent in Q2FY25. Previously, it stood at 11 per cent in Q2FY24.
Registering highest-ever quarterly sales of 12.28 lakh units in the quarter-ended September 2024, the overall two-wheeler and three-wheeler sales including exports surged 14 percent. In the quarter-ending September 2023, the units registered were at 10.74 lakh units.
During the quarter, TVS Motor’s EV sales jumped 31 percent and registered the highest ever quarterly sales of 0.75 lakh units in the quarter which ended September 2024. Same quater a year before, it saw sales of 0.58 lakh units.
TVS Motor Company, today has become a renowned global manufacturer of two and three-wheelers. The company has been committed to advancing Sustainable Mobility, wherein, it has four cutting-edge manufacturing facilities including Hosur, Mysuru, and Nalagarh in India, as well as Karawang in Indonesia.
