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TVS Motor Company has recorded its highest ever operating revenue of Rs 9,228 crore. The estimate was Rs 9,465 crore. This figure was Rs 8,145 crore in the quarter ended September 2023. In comparison, it has registered a growth of 13 percent in the September 2024 quarter.
In the second quarter, the standalone profit of TVS Motor (TVS Motor Q2 Results) was Rs 662 crore. Whereas the estimate was Rs 703 crore. On YoY basis, it has increased from Rs 536 crore to Rs 662 crore.
Standalone EBITDA was recorded at Rs 1,079 crore, while the estimate was Rs 1,133 crore. On a YoY basis, standalone EBITDA increased from Rs 900 crore to around Rs 1,080 crore.
Standalone EBITDA margin stood at 11.7 per cent. The estimate was 12 per cent. On a YoY basis, TVS Motor's standalone EBITDA margin increased from 11 per cent to 11.7 per cent.
Talking about TVS Motor Share Price, it fell 3.18 percent to close at Rs 2,577.95. It has fallen by 9.39 percent in 1 month, while it has increased by 62.62 percent in 1 year.
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