TVS Holdings Q1FY24 Results: Consolidated PAT of Rs. 196.44 Cr

TVS Holdings Q1FY24 Results: Consolidated PAT of Rs. 196.44 Cr

TVS Holdings Q1 results show revenue up from 8533.53 crores to 9587.99 crores, a 12.36% increase in growth. EPS rise from ₹75.90 to ₹97.09, up by 27.92%.

First, Let’s Begin with Quarter-on-Quarter Basis:

TVS Holdings shared its Q1 results on Tuesday. They earned 9587.99 crores in revenue this quarter, but that’s more than the 8533.53 crores they made last quarter. The company’s growth increased by 12.36 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 196.44 crores, up from 153.56 crores in the previous quarter. Their quarter-to-quarter growth increased by 27.92 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹97.09, which is an increase of 27.92% from the ₹75.90 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 9587.99 crores this year (2023), which is 24.53 percent higher than last year’s total revenue of 7699.13 crores.

This year’s PAT (Profit After Tax) is 196.44 crores, which is also 22.78% higher than last year’s PAT of 160 crores.

The EPS (Earnings Per Share) for this year is ₹97.09, which is 22.77% more than the EPS of ₹79.08 earned last year.

TVS Holdings Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About TVS Holdings:

TVS Motor Company, based in Chennai, is an Indian multinational motorcycle manufacturer. It holds the position of being the third-largest motorcycle company in India in terms of revenue. With annual sales reaching three million units and a remarkable annual production capacity of over four million vehicles, the company has made a significant mark in the automotive industry.

Download the Full PDF of TVS Holdings Q1 Results: Click Here

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