TVS Motor shares jump 6% after Q1 net profit soars 67% YoY to Rs 1,019 crore, revenue up 33%

TVS Motor Company's net profit surged sixty-seven percent year-on-year to one thousand nineteen crore rupees. Revenue from operations also increased thirty-three point five percent to sixteen thousand two hundred ninety-five crore rupees. The company's board approved raising up to one thousand crore rupees through debt instruments. Highest quarterly EBITDA of one thousand seven hundred seventy-nine crore rupees was reported. Overall two and three-wheeler sales grew twenty-eight percent during the quarter.