TVS Motor Q3 Results: Net Profit Jumps 20% To Rs 609.35 Crore

Last Updated: January 28, 2025, 15:07 IST

TVS Motor Company’s combined income from procedures in the 3rd quarter stands at Rs 11,134.63 crore versus Rs 10,113.94 crore in the year-ago duration.

TVS Motor Company on Tuesday reported a 20 percent increase in combined web earnings to Rs 609.35 crore in the December quarter, riding on greater sales. The firm published a combined web earnings of Rs 509.61 crore in the very same quarter last financial, TVS Motor Company claimed in a regulative declaring.

Consolidated income from procedures in the 3rd quarter stood at Rs 11,134.63 crore versus Rs 10,113.94 crore in the year-ago duration, it included.

Total costs in the October-December quarter were greater at Rs 10,272.62 crore contrasted to Rs 9,362.83 crore in the very same duration a year earlier.

Overall two-wheeler and three-wheeler sales, consisting of exports in the quarter, expanded by 10 percent to 12.12 lakh systems in the quarter finished December 2024 over 11.01 lakh systems in the year-ago quarter, TVS Motor Co claimed.

Motorcycle sales expanded by 6 percent to 5.56 lakh systems from 5.23 lakh systems in the quarter finished December 2023, it claimed, including that mobility scooter sales expanded by 22 percent to 4.93 lakh systems versus 4.04 lakh systems marketed a year earlier.

The firm additionally claimed its three-wheeler sales in the quarter under evaluation were 29,000 systems contrasted to 38,000 systems throughout the 3rd quarter of FY24.

“Electric mobility scooter sales for the quarter finished December 2024 expanded by 57 percent to 76,000 systems as versus 48,000 systems in the quarter finished December 2023,” the company said.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)