- Shares of TVS Motor rose over 5% after Q1 fiscal 2027 results announcement
- Net profit increased 51.3% to Rs 1,174 crore beating estimates of Rs 990 crore
- Revenue grew 37.8% to Rs 13,896 crore, slightly above forecast of Rs 13,488 crore
Shares of TVS Motor Company jumped over 5% during the trading session on Tuesday, July 21 after the company announced first quarter results for the fiscal 2027.
TVS Motor shares advanced 5.46% intraday to Rs 3786.2 apiece. The scrip was trading 4.52% higher by 2:18 am, while the benchmark Nifty 50 was down 0.32%.
The automaker's net profit rose 51.3% to Rs 1,174 crore in the April to June quarter of the current fiscal from Rs 776 crore in the same quarter previous year, beating Bloomberg estimate of Rs 990 crore. Revenue jumped 37.8% to Rs 13,896 crore, against Rs 10,081 crore on an year on year basis, marginally over estimate of Rs 13,488 crore. In terms of operations, EBITDA advanced 41.2% to Rs 1,780 crore in the quarter under review, compared to Rs 1,260 crore in the corresponding period last year.
TVS Motor Q1 Results - YoY
- Net profit up 51.3% at Rs 1,174 crore vs Rs 776 crore
- Revenue up 37.8% at Rs 13,896 crore vs Rs 10,081 crore
- EBITDA up 41.2% at Rs 1,780 crore vs Rs 1,260 crore
- EBITDA margin at 12.8% vs 12.5%
- Net profit at Rs 1,174 crore vs estimate of Rs 990 crore
- Revenue at Rs 13,896 crore vs estimate of Rs 13,488 crore
- EBITDA at Rs 1,780 crore vs estimate of Rs 1,613 crore
- EBITDA margin at 12.8% vs estimate of 12%
- Tax expense at Rs 415 crore vs Rs 274 crore YoY
- Other income at Rs 151 crore vs Rs 35 crore YoY
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
