Conference Call with TVS Motor Company Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
2 & 3 Wheeler company TVS Motor Company announced Q1FY25 results: Financial Highlights: TVS Motor Company’s Revenue from Operations in the quarter ended June 2024 is higher at Rs 8,376 crore, grew by 16% as against Rs 7,218 crore in the quarter ended June 2023. The Company posted its highest ever Operating EBITDA of Rs 960 crore with a growth of 26% for Q1FY25 as against EBITDA of Rs 764 crore in Q1FY24. Company’s operating EBITDA margin significantly improved by 90bps at 11.5% as against 10.6% in the quarter ended June 2023. The Company posted its highest ever Profit Before Tax (PBT) of Rs 783 crore recording a growth of 28% for Q1FY25 as against Rs 610 crore in the Q1FY24. PBT for the quarter includes notional gain of Rs 28 crore towards fair valuation of investments held by the Company. During the current quarter, the Company’s Profit After Tax (PAT) grew by 23% at Rs 577 crore as against Rs 468 crore during Q1FY24. Business Highlights: The overall two-wheeler and three-wheeler sales including exports grew by 14% registering sales of 10.87 Lakh units in the quarter ended June 2024 as against 9.53 Lakh units registered in the quarter ended June 2023. Motorcycle sales grew by 11% registering 5.14 Lakh units in the quarter ended June 2024 as against 4.63 Lakh units in quarter ended June 2023. Scooter sales for the quarter ended June 2024 grew by 19% at 4.18 Lakh units as against 3.50 Lakh units in the Q1FY24. Three-wheeler sales for the quarter under review is at 0.31 Lakh units as against 0.35 Lakh units during Q1FY24. Electric Scooter sales for the quarter ended June 2024 is at 0.52 lakh units as against 0.39 lakh units in the quarter ended June 2023. Result PDF