TVS Motor has reached a record high in its shares, surging 5.6% to ₹2,618 following outstanding Q1 results. The company reported a remarkable 26% increase in operating EBITDA at ₹960 crore, demonstrating robust financial health and market performance.
During Q1 of 2024-25, TVS Motor achieved a revenue from operations of ₹8,376 crore, up 16% year-over-year. This growth is supported by a significant improvement in the operating EBITDA margin, which rose by 90 basis points to 11.5%.
The company’s sales figures also reflect positive momentum, with a 14% increase in two-wheeler and three-wheeler sales. Notably, motorcycle sales rose by 11%, and scooter sales surged by 19%, emphasising strong consumer demand.
TVS Motor has expanded its electric vehicle offerings, introducing multiple new variants of the TVS iQube. These additions cater to a growing market demand for electric mobility, available in three battery options to suit diverse consumer needs.
Strategic investments underscore TVS Motor’s commitment to innovation and growth. Notably, the company invested ₹1.64 billion in its Singapore subsidiary and ₹2.83 billion in TVS Credit during the quarter, bolstering its future development initiatives.
