TVS Motor Q1 results show revenue up from 8098.54 crores to 9142.05 crores, a 12.89% increase in growth. EPS rise from ₹7.07 to ₹9.14, up by 29.28%.
First, Let’s Begin with Quarter-on-Quarter Basis:
TVS Motor shared its Q1 results on Monday. They earned 9142.05 crores in revenue this quarter, but that’s more than the 8098.54 crores they made last quarter. The company’s growth increased by 12.89 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 434.30 crores, up from 336.10 crores in the previous quarter. Their quarter-to-quarter growth increased by 29.22 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹9.14, which is an increase of 29.28% from the ₹7.07 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 9142.05 crores this year (2023), which is 24.42 percent higher than last year’s total revenue of 7347.83 crores.
This year’s PAT (Profit After Tax) is 434.30 crores, which is also 42.22% higher than last year’s PAT of 305.37 crores.
The EPS (Earnings Per Share) for this year is ₹9.14, which is 42.15% more than the EPS of ₹6.43 earned last year.
Also Read: JK Paper Q1FY24 Results: Consolidated PAT of Rs. 308.67 Cr
TVS Motor Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About TVS Motor:
Headquartered in Chennai, TVS Motor Company is an Indian multinational motorcycle manufacturer. In terms of revenue, it holds the position of being the third-largest motorcycle company in India. The company boasts impressive annual sales, reaching three million units, and has a substantial annual production capacity, with over four million vehicles being produced each year.
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