
TVS Motor standalone net rises 9% to ₹288 cr.
The Hindu
Company names Speth as chairman
TVS Motor Company Ltd. on Monday reported third-quarter standalone net profit rose 9% to ₹288 crore.
The two- and three- wheeler manufacturer posted its highest operating revenue of ₹5,706 crore in the three months ended December, against ₹5,391 crore a year earlier. Profit before tax rose to a record ₹391 crore (₹362 crore), it said in an investor presentation.
The company said it had made several investments in its subsidiaries last quarter: ₹50 crore in the equity of TVS Motor Services Ltd., ₹115 crore in TVS Motor (Singapore) Pte. Ltd., and ₹75 crore in compulsorily convertible preference shares of Ultraviolette Automotive Pvt. Ltd.

Former CM B.S. Yediyurappa had challenged the first information report registered on March 14, 2024, on the alleged incident that occurred on February 2, 2024, the chargesheet filed by the Criminal Investigation Department (CID), and the February 28, 2025, order of taking cognisance of offences afresh by the trial court.