TVS Motor on April 28 reported a net profit of Rs 852 crore for the January-March quarter of FY25. This marks a rise of nearly 76 percent from the Rs 485.43 crore net profit reported in the corresponding quarter of the previous financial year. The company's revenue from operations meanwhile surged 17 percent YoY to Rs 9,550 crore.
TVS Motor also posted its highest ever operating EBITDA of Rs 1,333 crore for the fourth quarter of the previous financial year, as against Rs 926 crores operating EBITDA reported for Q4 FY24. The company said that its overall two-wheeler and three-wheeler sales including exports increased 14 percent year-on-year to 12.16 lakh unit during the quarter under review. Motorcycle sales grew by 10 percent YoY, while scooter sales increased 27 percent YoY. EV sales meanwhile significantly surged by 54 percent YoY.
"During the quarter, the company recognized Production Linked Incentive (PLI) pertaining to the full financial year 2024-25 based on the progress made in line with the MHI's SOP on PLI," the company said.
For the entire financial year 2025, TVS Motor reported its highest ever revenue at Rs 36,251 crore. This marks a rise of nearly 14 percent from the Rs 31,776 crore revenue reported in FY24. Profit after tax (PAT) also improved to Rs 2,711 crore during the year which ended on March 31, 2025.
Also read: Our LIVE blog on Q4 result updates
The shares of the company rose over 2 percent to close at Rs 2,803.55 apiece after the release of the Q4 results. The stock has surged over 14 percent in the past one month, and over 15 percent in 2025 so far.
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