TVS Q2 Results: Apache motorcycle maker's profit grows 23.5% to Rs 663 crore, misses Street estimates

TVS Motor Company Q2 FY25 Results: Chennai-headquartered TVS Motor Company on Wednesday reported a standalone net profit of Rs 662.6 crore for the quarter ended September 30, marking a jump of 23.5 per cent over the corresponding period a year ago.

TVS Motor Company Q2 FY25 Top-line  

TVS Motor Company—whose popular motorcycles include the Apache and the Raider—registered revenue of a record Rs 9,228.2 crore for the second quarter of the current financial year, as against Rs 8,144.6 crore for the year-ago period, according to a regulatory filing. 

Zee Business analysts had estimated TVS Motor Company to register a standalone net profit of Rs 695 crore and revenue of Rs 9,550 crore for the July-September period.

TVS Q2 FY25 Earnings | ICE & electric vehicle sales volumes

TVS Motor Company clocked a 14.3 per cent year-on-year increase in its sales volumes to a record 12,28,223 units in the second quarter of FY25.

The sales volumes included internal combustion engine-powered and electric vehicles. 

TVS Q2 Results | How the Apache 160 motorcycle maker fred on the operational front

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Zee Business analysts had pegged the auto manufacturer's quarterly margin at 11.7 per cent. 

TVS Share Price 

TVS shares ended weaker by Rs 79.3, or 3.0 per cent, at Rs 2,582 apiece on BSE after the earnings announcement. 

ALSO READ: TVS Motor Company launches festive edition of TVS RONIN with new midnight blue variant

TVS Motor Company shares have rewarded investors handsomely over the years. 

As of October 21, TVS shares have gained 73 per cent in the past year, outperforming gains of 28.5 per cent and 53 per cent in the Nifty50 and Nifty Auto indices respectively. 

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