TVS Holdings Limited — Board Meeting, 28-01-2025: Outcome of Board Meeting
28-01-2025 | 03:42 pm
28-01-2025 | 03:42 pm
The Board meeting approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2024. For the quarter, consolidated total income was ₹11,476.63 Cr, with a profit of ₹685.45 Cr attributable to owners. Notably, the company sold its entire stake in TVS Emerald Limited, realizing a gain of ₹102.68 Cr, with proceeds earmarked for future investments. They also received an upgraded credit rating from CRISIL, now at 'CRISIL AA+/Stable'. Earnings per share came in at ₹190.81 for the quarter.
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