TVS Motor Company’s Revenue for Q3 2024-25 grows by 10%

TVS
Motor
Company’s
operating
revenue
grew
by
10%
at
Rs.
9,097
Crores
for
the
quarter
ended
December
2024
as
against
Rs.
8,245
Crores
reported
in
the
quarter
ended
December
2023.

The
Company’s
Operating
EBITDA
grew
by
17%
at
Rs.
1,081
Crores
for
the
third
quarter
of
2024-25
as
against
EBITDA
of
Rs.
924
Crores
in
third
quarter
of
2023-24.
The
Company’s
Operating
EBITDA
margin
for
the
quarter
is
highest
at
11.9%
as
against
Operating
EBITDA
margin
of
11.2%
reported
in
the
third
quarter
of
2023-24.
The
Company’s
Profit
Before
Tax
(PBT)
grew
by
8%
at
Rs.
837
Crores
for
the
third
quarter
of
2024-25
as
against
PBT
of
Rs.
775
Crores
in
third
quarter
of
2023-24.
PBT
for
the
quarter
includes
fair
valuation
loss
of
Rs.
41
Crores
as
against
gain
of
Rs.65
Crores
during
Q3
of
last
year.

The
overall
two-wheeler
and
three-wheeler
sales
including
exports
grew
by
10%
registering
12.12
Lakh
units
in
the
quarter
ended
December
2024
as
against
11.01
Lakh
units
in
the
quarter
ended
December
2023.
Motorcycle
sales
grew
by
6%
registering
5.56
Lakh
units
in
the
quarter
ended
December
2024
as
against
5.23
Lakh
units
in
the
quarter
ended
December
2023.
Scooter
sales
for
the
quarter
ended
December
2024
grew
by
22%
at
4.93
Lakh
units
as
against
4.04
Lakh
units
in
the
third
quarter
of
2023-24.
Three-wheeler
sales
for
the
quarter
under
review
is
at
0.29
Lakh
units
as
against
0.38
Lakh
units
during
third
quarter
of
2023-24.

Electric
Scooter
sales
for
the
quarter
ended
December
2024
grew
by
57%
at
0.76
lakh
units
as
against
0.48
lakh
units
in
the
quarter
ended
December
2023.

Cumulative
nine
months
results

Operating
revenue
grew
by
13%
at
Rs.
26,701
Crores
for
nine
months
ended
December
2024
as
against
Rs.
23,608
Crores
for
the
nine
months
ended
December
2023.

The
Company’s
Operating
EBITDA
grew
by
21%
at
Rs.
3,121
Crores
for
nine
months
ended
December
2024
as
against
EBITDA
of
Rs.
2,588
Crores
for
the
nine
months
ended
December
2023.
The
Company’s
PBT
grew
by
19%
at
Rs.
2,517
Crores
for
the
nine
months
ended
December
2024
as
against
Rs.
2,109
Crores
during
nine
months
ended
December
2023.
The
Company’s
PAT
grew
by
16%
at
Rs.
1,858
Crores
for
the
nine
months
ended
December
2024
as
against
Rs.
1,598
Crores
during
nine
months
ended
December
2023.

The
Company’s
two-wheeler
sales
including
exports
grew
by
14%
registering
34.29
Lakh
units
in
the
nine
months
ended
December
2024
as
against
30.13
Lakh
units
registered
in
the
nine
months
ended
December
2023.
Motorcycle
sales
grew
by
10%
registering
16.31
Lakh
units
in
the
nine
months
ended
December
2024
as
against
14.79
Lakh
units
in
nine
months
ended
December
2023.
Scooter
sales
for
the
nine
months
ended
December
2024
grew
by
19%
registering
14.01
Lakh
units
as
against
the
sales
of
11.74
Lakh
units
in
the
nine
months
ended
December
2023.
The
Company’s
two-wheeler
exports
grew
by
19%
at
7.78
Lakh
units
in
the
nine
months
ended
December
2024
as
against
6.52
Lakh
units
in
the
nine
months
ended
December
2023.
Total
three-wheeler
sales
is
at
0.98
Lakh
units
for
the
nine
months
ended
December
2024
as
against
1.16
Lakh
units
during
nine
months
ended
December
2023.
Electric
vehicles
grew
by
40%
registering
sales
of
2.03
Lakh
units
for
the
nine
months
ended
December
2024
as
against
1.44
Lakh
units
during
the
nine
months
ended
December
2023.

About
TVS
Motor
Company

TVS
Motor
Company
(BSE:532343
and
NSE:
TVSMOTOR)
is
a
reputed
two
and
three-wheeler
manufacturer
globally,
championing
progress
through
sustainable
mobility
with
four
state-of-the-art
manufacturing
facilities
located
in
India
and
Indonesia.
Rooted
in
our
100-year
legacy
of
trust,
value,
and
passion
for
customers,
it
takes
pride
in
making
internationally
accepted
products
of
the
highest
quality
through
innovative
and
sustainable
processes.
TVS
Motor
is
the
only
two-wheeler
company
to
have
won
the
prestigious
Deming
Prize.
Our
products
lead
in
their
respective
categories
in
the
J.D.
Power
IQS
and
APEAL
surveys.
We
have
been
ranked
No.
1
Company
in
the
J.D.
Power
Customer
Service
Satisfaction
Survey
for
four
consecutive
years.
Our
group
company
Norton
Motorcycles,
based
in
the
United
Kingdom,
is
one
of
the
most
emotive
motorcycle
brands
in
the
world.
Our
subsidiaries
in
the
personal
e-mobility
space,
Swiss
E-Mobility
Group
(SEMG)
and
EGO
Movement
have
a
leading
position
in
the
e-bike
market
in
Switzerland.
TVS
Motor
Company
endeavours
to
deliver
the
most
superior
customer
experience
across
80
countries
in
which
we
operate.

For
more
information,
please
visit www.tvsmotor.com.