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2 days agoTVS Motor Company Q2 profit jumps 37% on export growth and festive-demand tax cut
TVS Motor Company reported a second-quarter profit of 9.06 billion rupees (~US$103 million), a 37% increase year-on-year, driven by a 23% jump in two-wheeler sales to 1.5 million units and a 31% surge in exports which now contribute 26% of sales. Revenue rose 29% to 119.05 billion rupees, and operating margin expanded to 12.7% from 11.7% a year ago. A recent tax cut on motorcycles up to 350 cc to 18% from 28% also boosted demand. The stock, however, fell about 2.1% post-results on concerns about rare‐earth-magnet availability for EVs.
positive
2 days agoTVS Motor Company Q2 profit jumps 37% on export growth and festive-demand tax cut
TVS Motor Company reported a second-quarter profit of 9.06 billion rupees (~US$103 million), a 37% increase year-on-year, driven by a 23% jump in two-wheeler sales to 1.5 million units and a 31% surge in exports which now contribute 26% of sales. Revenue rose 29% to 119.05 billion rupees, and operating margin expanded to 12.7% from 11.7% a year ago. A recent tax cut on motorcycles up to 350 cc to 18% from 28% also boosted demand. The stock, however, fell about 2.1% post-results on concerns about rare‐earth-magnet availability for EVs.
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TVS Motor Company Q2 profit jumps 37% on export growth and festive-demand tax cut
2 days ago
1 min read
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TVS Motor Q2 profit rises 37% on strong exports and tax-cut driven demand; margin expands to 12.7%.
TVS Motor Company reported a second-quarter profit of 9.06 billion rupees (~US$103 million), a 37% increase year-on-year, driven by a 23% jump in two-wheeler sales to 1.5 million units and a 31% surge in exports which now contribute 26% of sales. Revenue rose 29% to 119.05 billion rupees, and operating margin expanded to 12.7% from 11.7% a year ago. A recent tax cut on motorcycles up to 350 cc to 18% from 28% also boosted demand. The stock, however, fell about 2.1% post-results on concerns about rare‐earth-magnet availability for EVs.
TVS Motor Company reported a second-quarter profit of 9.06 billion rupees (~US$103 million), a 37% increase year-on-year, driven by a 23% jump in two-wheeler sales to 1.5 million units and a 31% surge in exports which now contribute 26% of sales. Revenue rose 29% to 119.05 billion rupees, and operating margin expanded to 12.7% from 11.7% a year ago. A recent tax cut on motorcycles up to 350 cc to 18% from 28% also boosted demand. The stock, however, fell about 2.1% post-results on concerns about rare‐earth-magnet availability for EVs.
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stocks
India
autos
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Oct 28, 2025 • 12:09 IST