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TVS Motor shares fall over 4% despite 76% on-year jump in net profit

Published on 29/04/2025 11:15 AM

TVS Motor share price: Shares of the 2-wheeler major TVS Motor fell over 4 per cent to the day's low of Rs 2,679 despite posting a strong set of earnings for the March quarter. At around 10:46 am, the stock traded weak by 3.7 per cent or Rs 103.75 at Rs 2699.80.

For the quarter ending March 31, 2025, the company reported a 75.5 per cent year-on-year jump in its standalone net profit to Rs 852.1 crore. Meanwhile, its topline soared 16.9 per cent on-year to Rs 9,550.4 crore for the final three months of FY25, according to a regulatory filing.

According to Zee Business research, TVS Motor Company was estimated to register a March-quarter profit of Rs 730 crore with revenue at Rs 9,290 crore.

The Chennai-headquartered auto major registered sales of 12,16,286 units during the review quarter, as against 12,11,952 units sold in the October-December period and 10,62,529 in the quarter ended March 31, 2024. 

Also Read: With Q4 FY25 results out of way, should you buy/sell TVS Motor shares for long term?

For the full year ending March 2025, net profit rose 32.57 per cent to Rs 2235.56 crore as against Rs 1686.37 crore during the previous year ended March 2024. Sales rose 13.69 per cent to Rs 44089.01 crore in the year ended March 2025 as against Rs 38778.82 crore during the previous year ended March 2024.

Overall, brokerages are mixed on the stock's outlook post Q4 earnings. Foreign brokerage Jefferies has maintained a 'buy' on the stock with the target pegged at Rs 3,300, implying potential gains of nearly 18 per cent. Similarly, Morgan Stanley and Macquarie are bullish on the stock and have accorded the stock a 'overweight' and 'outperform rating, respectively with the target at Rs 3,126 and Rs 3,045 per share.

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