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TVS Motor Company reported its Q2FY25 earnings, showing a net profit of ₹662.6 crore, which represents a 23% year-over-year increase. However, this figure fell short of the CNBC-TV18 poll estimate of ₹703 crore. The company's revenue for the quarter stood at ₹9,228.2 crore, also below the expected ₹9,465 crore. EBITDA was reported at ₹1,079.8 crore, missing the poll estimate of ₹1,133 crore, and the EBITDA margin was 11.7% compared to the anticipated 12%. Despite the profit increase, TVS Motor shares fell by 4%.
#TVSMotor Q2 Results: Profit jumps 23% YoY to Rs 663 crore, but misses estimates https://t.co/mzogUSeCBV
#EarningsWithMC | TVS Motor Q2 net profit rises 23% to Rs 663 cr, shares fall 4% 🏍️💰 Find out more⤵️ https://t.co/9he7Qf2Gnr #TVSMotors #NetProfit #Earnings
#2QWithCNBCTV18 | TVS Motor reports #Q2 earnings Net Profit At ₹662.6 Cr Vs CNBC-TV18 Poll Of ₹703 Cr Revenue At ₹9,228.2 Cr Vs CNBC-TV18 Poll Of ₹9,465 Cr EBITDA At ₹1,079.8 Cr Vs CNBC-TV18 Poll Of ₹1,133 Cr Margin At 11.7% Vs CNBC-TV18 Poll Of 12% https://t.co/TPA1mgfn2Y
