TVS Motor Company Limited — Results, 28-01-2025: Integrated Filing- Financial
28-01-2025 | 05:23 pm
28-01-2025 | 05:23 pm
TVS Motor Company Limited has announced a board meeting to discuss the financial results for the quarter ended December 31, 2024. The standalone revenue from operations for the quarter stands at ₹9,097.05 crores, reflecting a year-on-year increase. The net profit after tax is reported at ₹618.48 crores, showcasing strong operational performance. Additionally, the company increased its stake in DriveX Mobility to 87.38%, marking its transition to a subsidiary. The board also approved a scheme of amalgamation with its wholly-owned subsidiary, impacting future corporate structure and potential synergies. This update signals a positive outlook for investors focusing on growth and operational efficiency.
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