Mumbai23 minutes ago
- copy link
Automobile company TVS Motors has made a profit (consolidated profit) of Rs 577 crore in the first quarter of the financial year 2024-25. It has increased by 23% on an annual basis. The company had a profit of Rs 468 crore in the same quarter a year ago.
In the April-June quarter, TVS Motors’ consolidated operating revenue grew 16% year-on-year to Rs 8,376 crore. The company’s revenue in the same quarter a year ago was Rs 7,218 crore.
Total income increased by 15.65% to Rs 8,412 crore
Talking about the total income in the first quarter, TVS Motors has earned Rs 8,412 crore. It has increased by 15.63% on an annual basis. In the same quarter of the financial year 2023-24, the company had earned a total of Rs 7,275 crore. The company has released the first quarter results today (Tuesday, 6 August).

TVS Motors stock rose 45% this year
TVS Motors stock today (Tuesday, August 6) closed at Rs 2,474 after falling 0.78%. The company’s stock has given a return of 3.16% in one month, 20.83% in 6 months and 84.59% in one year. TVS Motors stock has gained 22.53% this year i.e. from January 1, 2024 till now. The company’s market-cap is Rs 1.18 lakh crore.

TVS Motors shares today (Tuesday, August 6) closed at Rs 2,474 after falling 0.78%.
TVS sold 10.87 lakh vehicles in the first quarter
TVS Motors has sold a total of 10.87 lakh vehicles in the first quarter of the current financial year (Q1FY25). In the same quarter a year ago (Q1FY24), the company had sold 9.53 lakh vehicles. The company’s sales have increased by 14% on an annual basis. In the last quarter (January-March), TVS had sold 10.63 lakh vehicles. In the financial year 2023-24, the total sales of TVS Motors were 41.91 lakh vehicles.
TVS sold a total of 10.87 lakh vehicles in the first quarter
| Category | April-June 2024 | April-June 2023 |
| Bike | 5,14,000 | 4,63,000 |
| Scooter | 4,18,000 | 3,50,000 |
| Mopeds | 1,23,000 | 1,06,000 |
| Three-wheeler | 31,000 | 35,000 |
| total | 10,87,000 | 9,53,000 |
| electric scooter | 51,936 | 38,642 |
Note: Total scooter sales include EV (electric) sales.
Source link
[ad_3]