TVS Motor Company has resulted in a significant surge in the stock price, rising more than 5%. The company’s net profit for the quarter rose to ₹618 crore, marking a 4.2% year-on-year increase. Revenue also saw a healthy growth of 10%, reaching ₹9,097 crore compared to ₹8,245 crore in Q3 FY24, driven by higher sales volumes and enhanced operational efficiency.
Key highlights of the report >
- Net Profit: ₹618 crore, a 4.2% year-on-year increase.
- Revenue: ₹9,097 crore, reflecting a 10% YoY growth, up from ₹8,245 crore in Q3 FY24.
- EBITDA Margin: Expanded to 11.9%, up from 11.2% in the same quarter last year, marking the highest margin achieved by the company.
- Operating EBITDA: Increased by 17% YoY, reaching ₹1,081 crore, compared to ₹924 crore in Q3 FY24.
Profit Before Tax (PBT) >
- PBT: ₹837 crore, an 8% YoY increase from ₹775 crore in Q3 FY24.
- Fair Valuation Loss: ₹41 crore in Q3 FY25, contrasting with a gain of ₹65 crore recorded in the same period last year.
Sales Performance >
- Total Sales (Two-Wheelers & Three-Wheelers): Increased by 10%, reaching 12.12 lakh units (up from 11.01 lakh units in Q3 FY24).
- Scooter Sales: Surged by 22%, totaling 4.93 lakh units.
- Motorcycle Sales: Grew by 6%, reaching 5.56 lakh units.
- Three-Wheeler Sales: Declined to 0.29 lakh units, down from 0.38 lakh units in Q3 FY24.
Electric Vehicle Growth >
- Electric Scooter Sales: Up by 57%, reaching 0.76 lakh units in Q3 FY25 (compared to 0.48 lakh units in Q3 FY24), demonstrating the company’s focus on the electric vehicle segment.
Nine-Month Performance (FY25) >
- Total Two-Wheeler Sales (Including Exports): Increased by 14% YoY, amounting to 34.29 lakh units.
- Scooter Sales: Increased by 19%, totaling 14.01 lakh units.
- Motorcycle Sales: Increased by 10%, reaching 16.31 lakh units.
- Electric Vehicle Sales: Rose by 40%, totaling 2.03 lakh units.
- Three-Wheeler Sales: Declined to 0.98 lakh units from 1.16 lakh units in the previous year.
- Two-Wheeler Exports: Increased by 19%, reaching 7.78 lakh units during the nine-month period.