TVS Motor Q2 Results FY27: TVS Motor Company reported a strong performance for the September quarter of FY27, with standalone net profit rising 52.3 per cent YoY to Rs 1,377 crore, compared with Rs 904 crore in the corresponding quarter last year.
The company’s revenue from operations increased 43.7 per cent to Rs 17,103 crore from Rs 11,905 crore a year ago, according to its Q2 results.
TVS Motor Company’s EBITDA rose 47.3 per cent YoY to Rs 2,219 crore in the September quarter, compared with Rs 1,506 crore in the year-ago period.
The company’s EBITDA margin improved to 13 per cent from 12.7 per cent a year earlier, indicating an expansion of 30 basis points.
Also Read | Gold ETF returns since last Diwali: Top 10 funds deliver up to 16% gains in one year – Full list
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)