TVS Motor Q2 FY24 Results Today
TVS Motor Q2 results show revenue up from 8,504.83 crores to 9,297.34 crores, a 9.32% increase in growth. EPS slips from ₹9.14 to ₹8.13, down by 11.05%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
TVS Motor shared its Q2 results on Monday. They earned 9,297.34 crores in revenue this quarter, but that’s more than the 8,504.83 crores they made last quarter. The company’s growth increased by 9.31 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 386.34 crores, down from 434.30 crores in the previous quarter. Their quarter-to-quarter growth decreased by 11.04 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹8.13, which is a decrease of 11.05% from the ₹9.14 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 9,297.34 crores this year (2023), which is 15.85 percent higher than last year’s total revenue of 8,025.04 crores.
This year’s PAT (Profit After Tax) is 386.34 crores, which is equal to last year’s PAT of 386.31 crores.
The EPS (Earnings Per Share) for this year is ₹8.13, which is equal to the EPS of ₹8.13 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated a total revenue of 17,802.17 crores, marking a 19.27% increase compared to the previous year’s 14,926.28 crores.
The PAT (Profit After Tax) for this half-year stands at 820.64 crores, showing an 18.64% growth over the previous year’s 691.68 crores.
The EPS (Earnings Per Share) for this half-year is ₹17.27, representing an 18.61% increase from the previous half-year’s EPS of ₹14.56.
TVS Motor Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About TVS Motor:
TVS Motor Company, an Indian multinational motorcycle manufacturer headquartered in Chennai, holds the position of the third-largest motorcycle company in India by revenue. With annual sales reaching three million units and a production capacity exceeding four million vehicles per year, it stands as a prominent player in the industry.
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