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TVS Motor's Q3 statistics show a 10% increase in revenue and a 4% YoY increase in net profit to ₹618 crore.

TVS Motor's Q3 statistics show a 10% increase in revenue and a 4% YoY increase in net profit to ₹618 crore.

One of the top two-wheeler manufacturers, TVS Motor Company, said that its standalone net profit for the December quarter increased by 4.2% year over year (YoY) to ₹618 crore from ₹593 crore during the same time the previous year.

The ₹657 crore profit after tax (PAT) fell short of what the market had anticipated.

Compared to ₹8,245 crore in the same quarter of the previous fiscal year, the operating revenue for Q3FY25 increased by 10% to ₹9,097 crore.

The company's shares jumped more than 5.5% after this statement, peaking at ₹2,356.95 on the NSE.

In comparison to the ₹663 crore reported in Q2FY25, the net profit decreased 6.6% on a sequential basis. The top line fell 14% from quarter to quarter, as opposed to ₹9,228 crore in the July-September quarter.

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