TVS Holdings Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth of 10.3% in latest quarter reflects strong demand recovery.
Net profit surged to ₹685.45 crore, marking a 29% increase quarter-on-quarter.
Operating profit margin improved significantly to 8.97%, indicating operational efficiency.

NEGATIVES

Expense growth outpaced revenue in some quarters, impacting profitability.
Other income declined sharply in recent quarters, affecting overall profitability.
Net profit growth has been inconsistent, indicating volatility in earnings.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	9,583.81	10,606.80	10,014.08	10,024.64	10,383.26	11,449.95	11,458.91	11,800.32	12,742.19	14,549.15
Expenses	8,222.13	9,113.26	8,460.78	8,498.03	8,888.97	9,772.13	9,611.09	9,891.57	10,729.77	12,276.10
Operating Profit	1,361.68	1,493.54	1,553.30	1,526.61	1,494.29	1,677.82	1,847.82	1,908.75	2,012.42	2,273.05
Other Income	4.18	12.99	6.86	9.15	7.47	7.80	17.72	7.17	11.45	12.88
Interest	476.85	516.87	515.62	531.76	517.13	519.68	554.37	634.91	662.62	651.35
Depreciation	264.60	251.54	244.04	264.48	242.25	255.46	265.61	309.01	331.87	340.78
Profit Before Tax	610.71	725.94	787.25	729.95	724.18	892.22	1,023.64	955.84	1,018.58	1,281.73
Tax	201.30	268.63	254.98	275.75	250.70	300.57	338.19	322.69	343.22	401.65
Net Profit	409.41	457.31	532.27	463.86	481.03	598.81	685.45	643.96	675.36	880.08
Eps in Rs	97.09	112.65	110.86	114.78	107.20	137.54	190.81	139.87	165.85	218.89