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Dividend stock: TVS Motor declares ₹12 interim payout; check record dateTVS Motor declares ₹12 interim dividend for FY26, with March 31 set as record date; payout of ₹570 crore to be completed within 30 days of declaration.By Sheersh Kapoor  March 24, 2026, 4:38:22 PM IST (Published)1 Min ReadTVS Motor Company on Tuesday approved an interim dividend of ₹12 per share (1,200%) for the financial year ending March 31, 2026, signalling continued shareholder returns amid steady operational performance.

The dividend will be paid on 47.5 crore equity shares of ₹1 each, resulting in a total payout of ₹570 crore, the company said in a regulatory filing. The record date has been fixed as March 31, 2026, with eligible shareholders set to receive the dividend within 30 days of declaration, in line with the Companies Act, 2013.

The announcement comes after a strong operating performance in recent quarters. The company had reported 37% year-on-year revenue growth to ₹12,476.3 crore, supported by volume growth, while EBITDA rose over 51% to ₹1,634.2 crore, with margins expanding to 13.1%. Net profit stood at ₹940.4 crore, including a one-off impact from new labour codes.

Electric vehicle sales also remained robust, rising 40% year-on-year to 1.06 lakh units, marking the highest-ever quarterly sales for the segment.

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Shares of TVS Motor ended at ₹3,488, up ₹75.50 or 2.21% on the NSE ahead of the announcement.Continue ReadingTagsdividendshare market todayTVS MotorTVS Motor shares