The consolidated net profit of TVS Motor Company, a motorcycle manufacturer, increased by 19.57 per cent to Rs 609.35 crore in the quarter that concluded in December 2024. The net profit for that time period was Rs 509.61 crore.
Q3 FY25 operational revenue
Compared to Rs 10,113.94 crore in the third quarter of the fiscal year 2024–25, revenue from operations increased by 10 per cent to Rs 11,134.63 crore.
Comparing Q3 FY25 to Q3 2023, the company's total sales, including exports, increased by 10 per cent to 12.12 lakh units from 11.01 lakh units.
Q3 FY25 auto sales
In the three months that ended in December 2024, motorcycle sales increased 6 per cent year over year (YoY) to 5.56 lakh units. Sales of scooters increased 22 per cent year over year to 4.93 lakh units.
Sales of three-wheelers decreased from 0.38 lakh units in Q3 of FY24 to 0.29 lakh units in the reporting quarter.
In the most recent October-December quarter, sales of electric scooters increased by 57 per cent to 0.76 lakh units, up from 0.48 lakh units during the same period in the previous fiscal year.
New engine launch In Q3 FY25
The TVS RTXD4 engine was introduced by the company during the reviewed quarter at the 2024 Motosoul bike festival in Goa. Additionally, it introduced the TVS Apache RTR 160 4V and the TVS Raider iGO Variant. In Nepal and Sri Lanka, the brand-new TVS iQube with a 2.2 kWh battery version was introduced.
The reappointment of Venu Srinivasan as Chairman Emeritus and Managing Director for a five-year term, with effect from April 24, was also approved by the company's Board.
Share performance
The shares of TVS motors concluded around Rs 2,350.00 per share with a 5.32 per cent surge amounting to a Rs 118.60 per share on the Indian bourses. At that time, its market value was Rs 1,11,788.00 crore.
