Export revenues from the Mysuru factory exceed Rs 1,200 crore out of Rs 7,600 crore total revenue. The company aims to double its export and overall revenues from Mysuru operations
In January 2025, the company recorded sales of 397,623 units, a 17% increase compared to January 2024. The two-wheeler segment saw a strong 18% growth, with domestic 2W sales up 10%
TVS Motor reported a 4.2 per cent Y-o-Y increase in standalone net profit at Rs 618.5 crore, as against Rs 593.4 crore in Q3FY24.
The overall two-wheeler and three-wheeler sales, including exports, grew by 10 per cent, registering 1.212 million units in the quarter ended December 2024
The northward move in the company's share price came following the company's announcement of its financial results for the third quarter of the current fiscal year (Q3FY25)
TVS Motor Company on Tuesday reported a 20 per cent rise in consolidated net profit to Rs 609.35 crore in the December quarter, riding on higher sales. The company posted a consolidated net profit of Rs 509.61 crore in the same quarter last fiscal, TVS Motor Company said in a regulatory filing. Consolidated revenue from operations in the third quarter stood at Rs 11,134.63 crore against Rs 10,113.94 crore in the year-ago period, it added. Total expenses in the October-December quarter were higher at Rs 10,272.62 crore compared to Rs 9,362.83 crore in the same period a year ago. Overall two-wheeler and three-wheeler sales, including exports in the quarter, grew by 10 per cent to 12.12 lakh units in the quarter ended December 2024 over 11.01 lakh units in the year-ago quarter, TVS Motor Co said. Motorcycle sales grew by 6 per cent to 5.56 lakh units from 5.23 lakh units in the quarter ended December 2023, it said, adding that scooter sales grew by 22 per cent to 4.93 lakh units agai
At 6:31 AM, GIFT Nifty futures pointed to a positive start, trading 76 points higher at 22,922
At 1:40 PM, the TVS Motor share was trading 1.36 per cent lower at Rs 2,239.70. In comparison, BSE Sensex was trading 1.08 per cent lower at 75,369.28 levels
Technically, a Death Cross pattern implies bearish implications; Chart shows that RVNL, TVS Motor and HFCL could slide up to 25 per cent from present levels.
Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.
Eicher Motors said it has launched some category-defining motorcycles through the year and it is encouraging to see the response to its recently launched motorcycles both in India and int'l markets.
TVS Motor Company on Thursday reported a 7 per cent increase in total sales at 3,21,687 units in December as compared to 3,01,898 units in the same month a year ago. Total two-wheeler sales were up 8 per cent at 3,12,002 units last month as against 2,90,064 units in December 2023, the company said in a statement. Domestic two-wheeler sales were up marginally at 2,15,075 units in December 2024, from 2,14,988 units in the year-ago month. The company said its electric vehicle sales rose 79 per cent last month at 20,171 units as compared to 11,288 units in December 2023. Three-wheeler sales were lower at 9,685 units last month as against 11,834 units in December 2023. Exports registered a 22 per cent increase at 1,04,393 units last month, from 85,391 units in December 2023, the company said.
Nuvama analysts said December is expected to bring encouraging results for the industry. PVs are predicted to achieve double-digit growth, propelled by strong performances from M&M, Maruti & Toyota
myTVS, part of the USD 3 billion TVS Mobility Group and a leading digital automotive aftermarket platform, has entered the quick commerce segment for auto parts distribution. The city-headquartered company plans to set up 250 stores branded as myTVS Hypermart across India over the next three years, Managing Director G Srinivasa Raghavan said here on Wednesday. Initially, myTVS will establish about 50 stores by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat. These stores will leverage AI-driven supply chain technology to ensure minimal returns and deliver the right product at the right place and time, he added. The model operates as a "Supply Chain as a Pipe," introducing a consignment inventory system at partner stores, allowing them to focus on business growth without holding stock, Raghavan told reporters. Following a successful pilot phase, the company has launched the service, which is expected to improve profitability per store and deliver superior returns for part
TVS Motor Company has unveiled the TVS RT-XD4 engine platform, developed at its research and development center in Hosur, a top official announced on Friday. The TVS RT-XD4 300 will be the first engine to be fully developed on this new platform. "The TVS RT-XD4 is a major milestone, the result of our focus on creating a unique and compelling TVS riding experience. Conceptualised, designed, and developed in-house at our Research and Development Centre in Hosur, the TVS RT-XD4 showcases our engineering and research capabilities," said Sudarshan Venu, Managing Director of TVS Motor Company. The newly developed engine platform features a dual overhead camshaft with a down-draft port, a dual oil pump with a split chamber crankcase, a dual cooling jacket cylinder head with a water jacket, and a dual breather system that prevents oil contamination and reduces oil consumption. "Over the last several years, TVS Motor has set benchmarks in riding excellence, driven by decades of exposure to
Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.
The uptick in TVS Motor share price came after the company announced that it has introduced a refreshed TVS Apache RTR 160 4V with new features and technology
The rise in TVS Motor share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) results announced on October 23.
Two-wheeler stocks bore the brunt of the selling pressure in auto on Thursday, as the Nifty Auto index plunged below its 100-DMA for the first-time in 18 months; Tech charts suggest more pain ahead.
India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday. In his address at a symposium organised by Indian Foundation for Quality Management (IFQM), for which he is the Chairman, Srinivasan cautioned that India will continue to lag behind the world if it continued to follow other countries like Germany, the US, Japan, Korea and China. "We (India) have been one of the major economies in the world in the past. 700 years ago we contributed one quarter to the world's economy. We were a central hub of trading, dominating land routes and maritime routes both the West and East," Srinivasan said. He further said,"And from there we today find ourselves at a very low level in terms of our contribution to global trade in goods and services." Elaborating reasons behind establishing IFQM, he said it is "really not about the small Q