TVS Motor Company’s Q2 consolidated net profit rises 41% to Rs 588 crore

Ace News

23rd Oct 2024

TVS Motor Company has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 23.50% rise in its net profit at Rs 662.62 crore for the quarter ended September 30, 2024 as compared to Rs 536.55 crore for the same quarter in the previous year. Total income of the company increased by 13.03% at Rs 9258.15 crore for Q2FY25 as compared to Rs 8190.85 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 41.40% rise in net profit at Rs 588.13 crore for Q2FY25 as compared to Rs 415.93 crore for the same quarter in the previous year. Total income of the company increased by 13.52% at Rs 11333.99 crore for Q2FY25 as compared to Rs 9983.75 crore for the corresponding quarter previous year.