HighPositive
Announced Tue, 21 Jul · 14:40 IST
TVS Motor shares jump 6% after Q1 net profit soars 67% YoY to Rs 1,019 crore, revenue up 33%
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
TVS Motor reported a strong Q1 FY27 with net profit rising 67% year-on-year to Rs 1,019 crore and revenue from operations climbing 33.5% YoY to Rs 16,295.52 crore. The company posted its highest-ever quarterly EBITDA of Rs 1,779 crore, up 41% YoY, with EBITDA margin improving to 12.8%. Overall two- and three-wheeler volumes grew 28% to 1.63 million units, while the board approved raising up to Rs 1,000 crore via non-convertible debentures and commercial papers.