TVS Motor Company has reported solid results for Q2 FY25, showing robust growth in both revenue and net profit.
Key Financial Highlights:
- Revenue for Q2 FY25 stood at ₹9,228.24 crore, reflecting a 13.3% YoY increase from ₹8,144.61 crore in Q2 FY24. On a quarter-on-quarter (QoQ) basis, revenue grew 10%, up from ₹8,375.59 crore in the previous quarter.
- Net Profit for Q2 FY25 rose to ₹662.62 crore, marking a 23.5% YoY increase compared to ₹536.55 crore in Q2 FY24. On a QoQ basis, net profit increased by 14.8%, up from ₹577.32 crore in Q1 FY25.
Sales Performance:
TVS Motor achieved its highest-ever quarterly sales of 12.28 lakh units in Q2 FY25, registering a 14% YoY increase compared to 10.74 lakh units in Q2 FY24, driven by strong two-wheeler and three-wheeler sales, along with robust exports.
- Motorcycle sales grew by 14%, with 5.60 lakh units sold in Q2 FY25, compared to 4.93 lakh units in the same quarter last year.
- Scooter sales increased by 17%, reaching 4.90 lakh units in Q2 FY25, up from 4.20 lakh units in Q2 FY24.
- Two-wheeler exports rose by 16%, with 2.78 lakh units shipped in Q2 FY25, up from 2.39 lakh units in the corresponding quarter last year.
- Three-wheeler sales totaled 0.38 lakh units in Q2 FY25, compared to 0.43 lakh units in Q2 FY24, reflecting a slight decline.
TVS Motor’s strong performance in Q2 FY25 underscores its ability to navigate market challenges and maintain steady growth in revenue and profitability. With impressive YoY growth in both revenue and net profit, the company continues to solidify its position in the automotive sector.
