TVS Motor Company Q1 results: Profit jumps 67% YoY; board approves fundraising proposal
AI Summary
TVS Motor Company reported a significant 67.1% year-on-year increase in consolidated profit for Q1FY27, reaching ₹1,019.43 crore, up from ₹610.04 crore in the same quarter last year. Revenue from operations also saw a robust growth of 33.5% YoY, totaling ₹16,295.52 crore, indicating strong performance in the current financial year.
TVS Motor Q1 results: TVS Motor Company on Tuesday, 21 July, reported a 67.1% year-on-year (YoY) rise in its consolidated profit to ₹1,019.43 crore for the June quarter of the current financial year (Q1FY27). In the same quarter last year, the company's profit was ₹610.04 crore.
On a quarter-on-quarter (QoQ) basis, TVS Motor's profit rose by 32.1% from ₹771.52 crore in Q4FY26.
Revenue from operations for Q1FY27 jumped 33.5% YoY and 8.3% QoQ to ₹16,295.52 crore. In Q1FY26, its revenue was ₹12,210.05 crore, and in Q4FY26, it was ₹15,052.73 crore.
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