TVS Motor Share Price Dips 2.91% on Apr 29; Achieves 14% Revenue Growth, EV Sales Jump 44% in FY25

TVS Motor Company announced its financial results for the year ended March 31, 2025, reporting its highest-ever revenue.  

Post the announcement, on April 29, 2025, TVS Motor share price (NSE: TVSMOTOR) opened at ₹2,774.00, down from its previous close of ₹2,793.10. At 10:01 AM, the share price of TVS Motor Company was trading at ₹2,711.70, down by 2.91% on the NSE. 

Financial Growth in FY 2024-25 

The company’s revenue surged by 14% to ₹36,251 crore compared to ₹31,776 crore in FY 2023-24. Operating EBITDA for the year improved by 120 basis points, reaching 12.3%. Profit Before Tax (PBT) rose by 31% to ₹3,629 crore, up from ₹2,781 crore in the previous fiscal year. Meanwhile, Profit After Tax (PAT) stood at ₹2,711 crore, showing strong growth from ₹2,083 crore reported in FY 2023-24. 

Q4 FY25 Performance 

For the quarter ended March 31, 2025, TVS Motor Company posted revenue of ₹9,550 crore, marking a 17% increase compared to ₹8,169 crore in Q4 FY24. The company also reported its highest-ever quarterly Operating EBITDA of ₹1,333 crore, up from ₹926 crore in the same quarter last year. PBT for Q4 FY25 grew to ₹1,112 crore compared to ₹672 crore in Q4 FY24. 

During the quarter, TVS Motor recognised the Production Linked Incentive (PLI) benefit for the full financial year, aligned with the Ministry of Heavy Industries’ Standard Operating Procedure.  

The company’s Operating EBITDA margin stood at 14.0% in Q4 FY25. Excluding the PLI benefit from previous quarters, the EBITDA margin would have been 12.5%, compared to 11.3% in the corresponding quarter of the previous year. 

Sales Performance in FY 2024-25 

TVS Motor’s overall two-wheeler and three-wheeler sales for FY 2024-25 grew by 13%, reaching 47.44 lakh units, up from 41.91 lakh units in FY 2023-24. 

• Motorcycles: Sales grew by 10% to 21.95 lakh units, compared to 19.90 lakh units in the previous fiscal. 

• Scooters: Scooter sales surged by 21%, reaching 19.04 lakh units versus 15.70 lakh units in FY 2023-24. 

• Electric Vehicles: EV sales posted impressive growth of 44%, with 2.79 lakh units sold compared to 1.94 lakh units last year. The company now boasts over 5 lakh delighted EV customers. 

• Three-Wheelers: Sales stood at 1.35 lakh units, slightly lower compared to 1.46 lakh units in FY 2023-24. 

Q4 2024-25 Sales Growth 

In Q4 FY25, the company reported a 14% growth in overall two-wheeler and three-wheeler sales, totaling 12.16 lakh units versus 10.63 lakh units in Q4 FY24. 

• Motorcycles: Sales increased by 10%, with 5.64 lakh units sold, compared to 5.11 lakh units in the year-ago quarter. 

• Scooters: Scooter sales rose sharply by 27%, reaching 5.02 lakh units compared to 3.96 lakh units. 

• Electric Vehicles: EV sales grew by 54%, totaling 0.76 lakh units compared to 0.49 lakh units in Q4 FY24. 

• Three-Wheelers: Sales increased by 21% to 0.37 lakh units, up from 0.30 lakh units in the corresponding quarter of the previous year. 

Also Read: TVS Motor Singapore Unit to Acquire Additional 8.26% Stake in GO AG!

Conclusion 

TVS Motor Company has demonstrated its financial and operational performance in FY 2024-25, achieving record revenues and profitability.  

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