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TVS Motor share price: TVS Motor Company shares were buzzing in trade on Friday, March 21, 2025, as the scrip popped as much as 3.57 per cent to hit an intraday high of ₹2,430.60 per share.
The uptick in the TVS Motor share price came after The Board of Directors of the Company at its meeting held on March 20, 2025, declared an interim dividend of ₹10 per share for FY25.
In an exchange filing, TVS Motor said, “The Board of Directors of the Company at its meeting held today, declared an interim dividend of ₹10 per share (1000 per cent) on 47,50,87,114 equity shares of ₹1 each fully paid up, absorbing a sum of ₹475 crore, for the financial year ending March 31, 2025.”
The company has fixed March 26, 2025 as the ‘Record Date’ for the purpose of interim dividend.
“The interim dividend declared will be paid to those shareholders, who hold shares in physical form and / or in electronic form and whose names appear in the Register of Members and / or Depositories respectively, as at the close of working hours on March 26, 2025, being the Record Date fixed by the company for this purpose. The dividend payment will be made within a period of 30 days from the declaration of interim dividend, as provided in the Companies Act, 2013,” TVS Motor explained. ALSO READ | Stock Market LIVE: Sensex climbs 370 pts to 76,720; Nifty above 23,300; Auto, Realty gain
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TVS Motor Q3 results
TVS Motor Company’s profit surged 4.2 per cent year-on-year (Y-o-Y) to ₹618.5 crore in Q3FY25, from ₹593.4 crore in Q3FY24. Its operating revenue rose 10 per cent annually to ₹9,097 crore in Q3FY25, from ₹8,245 crore in Q3FY24.
At the operating front, TVS Motor’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) grew 17 per cent to ₹1,081 crore in Q3FY25, from ₹924 crore in Q3FY24.Ebitda margin came in at 11.9 per cent in Q3FY25.
About TVS Motor
TVS Motor Company, headquartered in Chennai, is a renowned global manufacturer of two- and three-wheelers. It is also the third-largest motorcycle company in India by revenue. ALSO READ | Glenmark Pharma share rises 2% on securing USFDA nod; key details here
The market capitalisation of TVS Motor is ₹1,15,279.89 crore, according to BSE.
At 10:40 AM, TVS Motor share was trading 3.40 per cent higher at ₹2,426.50. In comparison, BSE Sensex was trading 0.35 per cent higher at 76,611.49 levels,
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