Home›Earnings›Results›TVS Motor Q1 profit rises 67.1% YoY to ₹1,019.43 crore

TVS Motor Q1 profit rises 67.1% YoY to ₹1,019.43 crore

The company also approved fundraising of up to ₹1,000 crore via non-convertible debentures, commercial papers, or other permitted borrowings.

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TVS Motor Company reported a 67.1% year-on-year rise in consolidated profit to ₹1,019.43 crore for the June quarter of the current financial year, Q1FY27, compared with ₹610.04 crore in the year-ago period, LiveMint Markets reported on July 21.

Revenue from operations increased 33.5% year-on-year to ₹16,295.52 crore, and rose 8.3% quarter-on-quarter from ₹15,052.73 crore in Q4FY26, according to the filing described by LiveMint Markets.

On a quarter-on-quarter basis, profit climbed 32.1% from ₹771.52 crore in Q4FY26, the outlet said.

LiveMint Markets added that the board approved a fundraising proposal of up to ₹1,000 crore through the issuance of non-convertible debentures and/or commercial papers, or other permissible borrowings, subject to applicable approvals.

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