TVS Motor’s fourth quarter profit rises 69% to Rs 698 crore

New Delhi New Delhi: TVS Motor Company on Monday informed that its consolidated net profit grew 69 per cent to Rs 698 crore in the fourth quarter of the financial year 2024-25. The company’s net profit was Rs 412 crore in the same quarter of the previous financial year.

The total income of the company stood at Rs 11,474 crore, as against Rs 9,899 crore in the year-ago quarter. During this period, the company’s total two-wheeler and three-wheeler sales grew 14 per cent to 12.16 lakh units, as against 10.63 lakh units in the same quarter last year.

Sales of electric vehicles also increased by 54 per cent to 76,000 units, as against 49,000 units last year.

The company said that its net profit for the entire financial year 2024-25 stood at Rs 2,380 crore, up from Rs 1,779 crore last year. Total income stood at Rs 44,159 crore, up from Rs 38,885 crore in 2023-24.