TVS Motor Shares Surge 3% Following Strong Q2 Results

Introduction:

TVS Motor Company has visible its stocks climb by means of up to three.16%, attaining an intraday high of ₹2,646.25, buoyed via fantastic financial results for the September sector (Q2 FY25) launched on October 23.

Strong Financial Performance

TVS Motor reported a remarkable 23.4% year-on-year increase in profit, amounting to ₹662.6 crore in Q2 FY25, up from ₹537 crore in the same quarter last year. This surge in profitability is attributed to a robust revenue growth of over 13%, reaching ₹9,228.2 crore, marking the company’s highest-ever operating revenue.

Financial highlights include:

Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA): Jumped 20% to ₹1,079.8 crore from ₹900 crore year-on-year.

EBITDA Margin: Expanded by 70 basis points to 11.7%, up from 11% in Q2 FY24.

TVS Motor Company: Strong Q2 FY25 Results Propel Share Prices Amid Record Sales:

Record Sales Figures

TVS Motor’s sales figures also reflected a strong demand for its products. The overall sales of two-wheelers and three-wheelers, including exports, surged by 14%, achieving record quarterly sales of 12.28 lakh units compared to 10.74 lakh units in Q2 FY24.

Motorcycle Sales: Increased by 14%, totaling 5.60 lakh units.

Scooter Sales: Grew by 17%, with sales reaching 4.90 lakh units, up from 4.20 lakh units in Q2 FY24.

Electric Vehicle (EV) Sales: Saw a significant 31% rise, with the company selling 0.75 lakh units, compared to 0.58 lakh units in the same period last year.

TVS Motor Reports Stellar Q2 FY25: Profit Surges 23.4% and Sales Hit Record Highs:

Commitment to Sustainable Mobility

As a prominent global manufacturer of two and three-wheelers, TVS Motor is dedicated to promoting sustainable mobility. The company operates four advanced manufacturing facilities in India and Indonesia, including locations in Hosur, Mysuru, and Nalagarh.

Market Response

At 9:31 AM on October 24, TVS Motor shares traded slightly lower at ₹2,550.35, down 0.58%, while the BSE Sensex remained relatively flat at 80,067.67.

Conclusion

With its impressive quarterly performance and commitment to innovation, TVS Motor Company continues to strengthen its position in the two-wheeler and three-wheeler markets. Investors and market analysts alike will be keenly watching the company’s progress as it moves forward in the competitive automotive landscape.

Frequently Asked Questions FAQ:

1. What prompted the rise in TVS Motor shares?

TVS Motor shares rose by up to 3.16% following the announcement of strong financial results for Q2 FY25, which showed a 23.4% increase in profit and over 13% growth in revenue.

2. What were the key financial highlights for Q2 FY25?

  • Profit: ₹662.6 crore (up 23.4% year-on-year)
  • Revenue: ₹9,228.2 crore (up over 13% year-on-year)
  • EBITDA: ₹1,079.8 crore (up 20% year-on-year)
  • EBITDA Margin: Expanded to 11.7%, up 70 basis points from the previous year.

3. How did TVS Motor’s sales perform in Q2 FY25?

TVS Motor achieved record quarterly sales of 12.28 lakh units, a 14% increase from the same quarter last year. Motorcycle sales increased by 14%, while scooter sales grew by 17%. Additionally, EV sales surged by 31%.

4. What is the company’s focus on electric vehicles?

TVS Motor has demonstrated a commitment to sustainable mobility by significantly increasing its electric vehicle sales, which reached 0.75 lakh units in Q2 FY25, up from 0.58 lakh units in the previous year.

5. Where are TVS Motor’s manufacturing facilities located?

TVS Motor operates four advanced manufacturing facilities in India (Hosur, Mysuru, and Nalagarh) and one in Karawang, Indonesia.

6. How are investors reacting to TVS Motor’s performance?

While shares were trading slightly lower at ₹2,550.35 shortly after the results announcement, the initial surge reflects positive sentiment among investors in light of the strong financial performance.

7. What does the future hold for TVS Motor?

With its robust quarterly results and strategic focus on electric vehicles and sustainable mobility, TVS Motor is well-positioned for growth in the competitive two-wheeler and three-wheeler markets. Analysts will be closely monitoring the company’s ongoing developments.

8. How can I stay updated on TVS Motor Company’s performance?

You can follow financial news outlets, stock market updates, and the company’s official announcements for the latest information on TVS Motor’s performance and strategic initiatives.

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