TVS Holdings Limited (formerly Sundaram-Clayton Limited) has reported a strong performance for the third quarter of FY25, showcasing double-digit growth in both revenue and net profit.
Key Financial Highlights (Consolidated)
- Revenue from Operations: ₹11,477 crore, a 14.4% increase year-on-year (YoY) compared to ₹10,021 crore in Q3 FY24.
- Net Profit: ₹685 crore, marking a 28.8% YoY increase from ₹532 crore in Q3 FY24.
- Total Income: ₹11,563 crore, up 14.5% YoY from ₹10,021 crore.
- Earnings Per Share (EPS): ₹190.81, compared to ₹110.86 in Q3 FY24.
Segment-Wise Performance
- Automotive Vehicles & Parts: The segment contributed ₹9,433 crore in revenue, reflecting a 12.7% YoY growth.
- Financial Services: Revenue grew to ₹1,834 crore, up 17.2% YoY.
- Automotive Components: Revenue stood at ₹224 crore, a 26% YoY increase.
Operational Highlights
- Cost of Materials Consumed: Increased by 12.2% to ₹6,458 crore, in line with production growth.
- Employee Benefits Expense: ₹930 crore, reflecting investments in talent and operational scaling.
- Depreciation and Amortization: ₹266 crore, showcasing continued capital investments.
Sudarshan Venu, Managing Director of TVS Holdings, said, “Our Q3 FY25 performance underscores the resilience of our diversified portfolio and the success of our strategic initiatives. We remain committed to innovation, operational excellence, and delivering sustainable growth.”
During the quarter, TVS Holdings sold its 100% stake in TVS Emerald Limited, resulting in a gain of ₹103 crore. On January 9, 2025, CRISIL upgraded the company’s credit rating from ‘CRISIL AA/Positive’ to ‘CRISIL AA+/Stable’.
Nine-Month Performance (April to December 2024)
- Total Revenue: ₹33,522 crore, a 12.5% YoY growth.
- Net Profit: ₹1,765 crore, up 33.9% YoY from ₹1,319 crore.
With strong revenue growth across key segments and ongoing investments in strategic projects, TVS Holdings is well-positioned to sustain its momentum in the coming quarters.
