TVS Motor Co Q2 net profit rises 41 per cent to Rs 588.13 crore

TVS Motor Company, based in Chennai, reported a 41.4% rise in consolidated net profit to Rs 588.13 crore for the second quarter ending September 30, 2024. This growth was driven by record sales of 12.28 lakh units of two and three-wheelers. Revenue from operations increased to Rs 11,301.68 crore, while expenses rose to Rs 10,427.64 crore. Notable increases were seen in motorcycle, scooter, and electric vehicle sales.

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