August 7, 2024
New Delhi, India
TVS Motor Shares
TVS Motor Company experienced a significant surge in its stock price following the announcement of robust financial results for the first quarter of fiscal year 2024-25 (Q1FY25). This article delves into the key highlights of TVS Motor’s Q1 performance and the subsequent market reaction.
Stock Market Reaction: Today on Wednesday, August 7, TVS Motor’s shares saw a notable increase of up to 5.6% in early trading. The stock opened at ₹2,535 per share on the National Stock Exchange (NSE), marking a 2.2% rise from the previous closing price. Minutes into the session, the stock peaked at ₹2,618.65 per share, reflecting a 5.6% increase. By 11:30 am, TVS Motor shares were trading 3% higher at ₹2,553.4 apiece on the NSE.
Ola Electric IPO Allotment Likely Today: Key Details and How to Check Status
Q1FY25 Financial Highlights:
- Net Profit:
- TVS Motor’s profit after tax (PAT) rose by 23% to ₹577 crore in Q1FY25, compared to ₹468 crore in Q1FY24.
- Revenue from Operations:
- The company’s revenue from operations grew by 16% year-on-year to ₹8,376 crore in Q1FY25, up from ₹7,218 crore in the same quarter of the previous fiscal year.
Brainbees Solutions IPO Day 2 Live Updates: FirstCry IPO Subscribed 17% So Far
- Operating EBITDA:
- TVS Motor reported an operating EBITDA of ₹960 crore in Q1FY25, marking a 26% increase from ₹764 crore in Q1FY24. This figure represents the company’s highest-ever quarterly EBITDA.
- EBITDA Margin:
- The operating EBITDA margin improved significantly, rising by 90 basis points to 11.5% in Q1FY25, compared to 10.6% in Q1FY24.
TVS Motor’s impressive financial performance in Q1FY25 underscores the company’s strong operational efficiency and growth trajectory. The significant rise in net profit, revenue, and operating EBITDA highlights TVS Motor’s ability to capitalize on market opportunities and optimize its business processes.
TVS Motor’s shares surged in response to the company’s robust Q1FY25 results, reflecting investor confidence in its continued growth and profitability. With improved financial metrics and a strong market position, TVS Motor is well-positioned to maintain its positive momentum in the coming quarters.
Disclaimer:
CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.
