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TVS Motor Company Ltd Q1FY24; 48% rise in Profits

TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers.

Financial Results:

TVS Motor Company Ltd reported Revenues for Q1FY24 of ₹9,056.00 Crores up from ₹7,316.00 Crore year on year, a rise of 23.78%.

Total Expenses for Q1FY24 of ₹8,516.00 Crores up from ₹6,911.00 Crores year on year, a rise of 23.22%.

Consolidated Net Profit of ₹441.00 Crores up 48.48% from ₹297.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.14, up 42.15% from ₹6.43 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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