TVS Motor Company Limited — Investor Meet, 25-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
25-10-2024 · 04:33 pm
TVS Motor Company reported record Q2 results with highest-ever revenue of INR 9,228 crore, a 13% year-on-year increase. Operating EBITDA rose by 20% to INR 1,080 crore, with improved margins of 11.7%. Two-wheeler sales grew 14% in India and 16% internationally. EV sales surged by 31% to 75,000 units. The company introduced new models like the TVS Jupiter 110 and improved its cost structure, signaling optimism for continued growth ahead of the festive season.
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