TVS Motor Company Partners with Kadam Mobility to Deploy 500 Electric Three-Wheelers
TVS Motor Company has announced a strategic partnership with Kadam Mobility to deploy 500 electric three-wheelers, aiming to enhance clean urban transportation. This collaboration focuses on improving sustainable mobility solutions in urban areas, potentially impacting last-mile connectivity and reducing carbon emissions. The partnership positions TVS Motor Company as a leader in the transition to electric mobility in the three-wheeler segment, aligning with the growing trend of sustainable transportation solutions in India.
TVS Motor Company Revs Up: 17% Sales Surge in May 2025
TVS Motor Company announced total sales of 431,275 units in May 2025, marking a 17% year-on-year increase. Two-wheeler sales grew by 16% to 416,166 units, with domestic sales up 14%. The three-wheeler segment surged 46% to 15,109 units. Exports rose by 22% to 118,437 units, indicating strong international demand. The company's performance demonstrates robust growth across various segments and markets.
29May 25
TVS Motor Revamps Jupiter 125 with Dual-Tone Variant and SmartXonnect Feature
TVS Motor Company has launched a new variant of its Jupiter 125 scooter, featuring dual-tone color options and the SmartXonnect technology. The new variant includes style upgrades and smart features like Bluetooth connectivity, navigation, and ride analytics. This launch aims to expand TVS's product line and appeal to tech-savvy urban riders in the competitive 125cc scooter segment.
22May 25
TVS Motor Partners with OOR Cabs for Electric Three-Wheeler Deployment in Tamil Nadu
TVS Motor Company has formed a strategic partnership with OOR Cabs to introduce 500 electric three-wheelers in Tamil Nadu. This collaboration aims to promote sustainable transportation and contribute to the growing electric vehicle ecosystem in the state. The initiative is expected to reduce the carbon footprint of local transportation and aligns with global trends towards cleaner mobility solutions. While specific financial details and timelines were not disclosed, this move could potentially strengthen TVS Motor's position in the commercial electric vehicle segment.
22May 25
TVS Motor Company Partners with OOR Cabs for Electric Three-Wheeler Deployment in Tamil Nadu
TVS Motor Company has partnered with OOR Cabs to deploy 500 electric three-wheelers across Tamil Nadu. The rollout began in Trichy with 10 TVS King EV MAX vehicles, with plans to expand to Madurai and Coimbatore. The vehicles offer a 179 km range, SmartXonnect Bluetooth technology, and quick-charging capabilities. This initiative aims to reduce urban carbon emissions and provide eco-friendly last-mile connectivity options.
08May 25
TVS Motor Company Shares See Significant Block Trade on NSE
A significant block trade of TVS Motor Company shares occurred on the National Stock Exchange. 289,040 shares were traded at ₹2,788.60 per share, totaling ₹80.60 crores. This large transaction could indicate shifts in institutional holdings or investor sentiment towards the company.
TVS Motor Company Surpasses Expectations with 15.7% Sales Growth in April 2023
TVS Motor Company announced total sales of 443,896 units in April 2023, a 15.7% year-over-year increase. Two-wheeler sales grew by 15%, with domestic sales up 7%. Electric vehicle sales surged by 59%, while three-wheeler sales increased by 50%. The company's exports showed robust growth of 45%, with two-wheeler exports up 46%. This performance exceeded market expectations, showcasing strong growth across all segments.
01May 25
TVS Motor Company Reports Robust Q4 FY25 Performance with 76% Surge in Net Profit and Strong April 2025 Sales
TVS Motor Company announced strong Q4 FY25 results with a 17% YoY revenue increase to ₹9,550.40 crore and a 76% jump in net profit to ₹852.10 crore. The EV segment now contributes 9% to total revenue. April 2025 sales showed 16% overall growth, with exports up 45%. The company projects 8% industry growth for FY26 and plans continued investments in subsidiaries. Export markets show recovery signs, though challenges persist in Africa and Middle East.
TVS Motor Achieves Record Sales and Profit in FY 2024-25
TVS Motor Company achieved its highest-ever sales, EBITDA margin, and profit in FY 2024-25. Revenue grew 14% to Rs. 36,251.00 crores, with an operating EBITDA margin of 12.30%. Profit After Tax increased to Rs. 2,711.00 crores. Q4 saw 17% revenue growth and a 14.00% EBITDA margin. Overall two-wheeler and three-wheeler sales grew by 13% to 47.44 lakh units. The company's EV segment showed strong growth with 2.79 lakh units sold, a 44% increase. TVS Motor expanded into Morocco and launched new products, including India's first Bluetooth-connected electric 3-wheeler.
28Apr 25
TVS Motor Company Reports Record-Breaking Performance in Q4 and FY 2024-25, EV Business Contributes Nearly 10% to Revenue
TVS Motor Company achieved its highest-ever sales, revenue, and profits in FY 2024-25. Revenue grew 14% to Rs. 36,251.00 crores, with PAT rising to Rs. 2,711.00 crores. Q4 saw a 16.91% revenue growth and 75.74% increase in standalone net profit. EV sales grew 44% year-over-year, contributing 9.27% to total revenue. The company expanded its product line and global presence, launching new models and entering the Moroccan market.
26Apr 25
TVS Motor Company Sets Date for Q4 and FY25 Results Announcement
TVS Motor Company will release its Q4 and FY2025 financial results on April 28, 2025. A board meeting is scheduled to approve the audited results, followed by an earnings call at 4:30 p.m. for investors and analysts. The company has implemented a trading window closure for designated persons from April 1 to April 30, 2025, to prevent insider trading.
22Apr 25
TVS Motor Company Sees Significant Block Trade on NSE
A significant block trade of 286,760 shares of TVS Motor Company occurred on the NSE at Rs. 2,756.00 per share, totaling Rs. 79.03 crores. The company's Board of Directors is set to meet on April 28, 2025, to approve the annual audited financial results for the year ended March 31, 2025. TVS Motor has closed its trading window for designated persons from April 1 to April 30, 2025, in compliance with regulatory norms.
04Apr 25
TVS Motor Company Accelerates EV Expansion in Southeast Asia with ION Mobility Integration
TVS Motor Company is integrating Singapore-based ION Mobility's operations, including its assets, IP, and core talent, to strengthen its electric vehicle presence in Southeast Asia. ION Mobility's founder, James Chan, joins TVS as Senior VP to lead ASEAN business and develop the M1-S electric mobility platform. This strategic move aligns with TVS's 'Reimagine 2030' vision and aims to accelerate market penetration in the region's growing motorbike market, particularly in the EV sector.
01Apr 25
TVS Motor Company: Record Sales in FY25 with 17% Rise in March
TVS Motor Company announced impressive sales figures for March 2025 and FY 2024-25, with a 17% increase in total sales for March reaching 414,687 units. The company achieved its highest ever annual sales of 4.74 million units in FY 2024-25, a 13% growth. Notable increases were seen in two-wheeler sales, exports, and electric vehicle sales. Additionally, TVS acquired assets from ION Mobility for $1.75 million, strengthening its position in the electric mobility sector.
01Apr 25
TVS Motor Company Restructures Singapore Operations: Divests Stake in Ion Mobility, Acquires Assets
TVS Motor Company's subsidiary, TVS Motor Singapore, has divested its stake in Ion Mobility while acquiring specific assets from the same entity for $1.75 million. Ion Mobility, previously an associate company, contributed 1.10% to TVS Motor's consolidated net worth in FY 2023-24. The transaction, completed on March 31, 2025, was conducted at arm's length and is not classified as a related party transaction. This move suggests a strategic realignment of TVS Motor's investments and assets in the Singapore market.
31Mar 25
TVS Motor's Singapore Arm Divests ION Mobility Stake, Acquires Assets in Strategic Move
TVS Motor Company's wholly-owned subsidiary, TVS Motor (Singapore) Pte Ltd., has divested its stake in ION Mobility Pte. Ltd. while simultaneously acquiring specific assets from the company. The transaction, completed on March 31, 2025, involved a net cash consideration of approximately USD 1.75 million (₹14.50 crore). The deal's net worth impact is ₹73.67 crore, representing 1.10% against consolidation. ION Mobility has ceased to be an associate of both TVSM Singapore and TVS Motor Company following this transaction.
26Mar 25
TVS Motor's Subsidiary Expands Stake in E-Bike Companies: EBCO and Go Corporation
TVS Motor Company's subsidiary, TVS Motor Singapore, has made two significant acquisitions to strengthen its position in the European e-mobility market. It acquired an additional 30% stake in EBCO for £60,000 and agreed to purchase the remaining 8.26% stake in The GO Corporation (GOAG) for CHF 500,000, making GOAG a wholly-owned subsidiary. GOAG, a Swiss e-bike company, reported a turnover of ₹35.96 crore and a loss after tax of ₹60.10 crore in 2023. These moves align with TVS's strategy to expand its footprint in the growing electric vehicle market, particularly in Europe.
25Mar 25
TVS Motor Subsidiary to Acquire 100% Stake in GO Corporation, Expanding E-Mobility Presence
TVS Motor Company's subsidiary, TVS Motor Singapore, is set to acquire an additional 8.26% stake in The GO Corporation (GOAG) for CHF 500,000, bringing its total ownership to 100%. GOAG is a Swiss company specializing in smart connected mobility solutions, offering e-bikes and e-cargo bikes in Switzerland and Germany. The acquisition, expected to complete by March 31, 2025, aligns with TVS Motor's strategy to expand in the e-mobility market, particularly in Europe. Separately, TVS Motor's HLX series has achieved 4 million global sales across 57 countries.
25Mar 25
TVS HLX Series Hits 4 Million Global Sales Mark, Expands to 57 Countries
TVS Motor Company's HLX series has achieved 4 million units in global sales across 57 countries in Africa, Latin America, and the Middle East. The series, launched in 2013, has seen rapid growth with the last million sales occurring in just 24 months. Key factors contributing to its success include a powerful engine, durability, user-centric design, technological advancements, and cost-effectiveness. The company has adapted the series to meet specific market needs and expanded the product line to include various models catering to different segments.
TVS Motor Company Announces ₹10 Interim Dividend and Appoints New Head of International Business
TVS Motor Company has declared an interim dividend of ₹10 per share (1000%) for FY 2025, with a total outlay of ₹475.09 crore. The record date is set for March 26, 2025. Additionally, the company has appointed Peyman Kargar as the new Head of International Business, effective April 1, 2025. Kargar, with over 30 years of automotive industry experience, previously served as Global Chairman & President of INFINITI.
20Mar 25
TVS Motor Company Declares Generous ₹10 Per Share Interim Dividend for FY2025
TVS Motor Company has announced an interim dividend of ₹10 per share for FY 2025, representing a 1000% dividend on the face value of ₹1 per equity share. The total dividend payout amounts to ₹475 crore. The record date is set for March 26, 2025, with payment expected within 30 days of declaration. This announcement follows strong Q3 results, with a 4% increase in net profit to ₹618 crore and a 10.30% rise in revenue to ₹9,097 crore.
GP Eco Solutions, an SME in the eco-friendly solutions sector, has won a significant order worth over 300 crore rupees, surpassing its current market capitalization of 280 crore rupees. This order is expected to boost revenue, enhance market perception, open growth opportunities, and potentially lead to operational scaling. The development is seen as a positive sign for India's SME sector, demonstrating the ability of smaller enterprises to compete for substantial contracts.
12Mar 25
TVS Motor Company's Stake in IFQM Reduced to 18.18%, No Longer an Associate
TVS Motor Company's stake in the Indian Foundation for Quality Management (IFQM) has been reduced to 18.18% following IFQM's issuance of fresh shares to new investors. This reduction, announced on March 11, 2025, means IFQM is no longer an associate of TVS as per the Companies Act, 2013. TVS made the disclosure in compliance with SEBI regulations. The immediate operational impact on TVS is expected to be minimal.
11Mar 25
TVS Motor's Shareholding Structure Shifts as IFQM Reduces Stake
TVS Motor Company announced that Indian Foundation for Quality Management (IFQM) has reduced its stake to 18.18%, falling below the 20% threshold. As a result, IFQM no longer qualifies as an associate of TVS Motor Company under the Companies Act, 2013. This change occurred on March 11, 2025, at 3:05 PM, and was disclosed in compliance with SEBI regulations.
03Mar 25
TVS Motor Company Surpasses Expectations with 9.6% Sales Growth in February
TVS Motor Company reported total sales of 403,976 units in February 2024, marking a 9.6% year-over-year growth. This performance significantly exceeded market estimates of 375,600 units, showcasing the company's strong market position and operational efficiency. The impressive sales figures suggest potential market recovery, improved consumer confidence, and effective product appeal in the Indian automotive sector.
02Mar 25
TVS Motor Company Revs Up: Reports 10% Growth in February Sales, Surpassing Expectations
TVS Motor Company achieved total sales of 403,976 units in February 2025, marking a 10% year-over-year increase. Two-wheeler sales led the growth with 391,889 units sold, a 10% rise. Electric vehicle sales surged by 34% to 24,017 units. Exports grew by 26% to 124,993 units, with two-wheeler exports reaching a record 115,817 units. Three-wheeler sales also increased by 14% to 12,087 units.
28Feb 25
TVS Motor Company Expands Global Footprint with New Models in Mexico and Women Empowerment Initiative in India
TVS Motor Company has introduced two new three-wheeler models, TVS King Duramax Plus and TVS King Deluxe Plus, in Mexico, available from March 2025. In India, TVS partnered with SEWA, SIDBI, AMU Leasing, and NRDC to launch 'Wheels of Empowerment', an initiative providing electric vehicles to rural women entrepreneurs. The program has deployed 26 TVS iQube electric scooters, with plans to provide 10,000 EVs in the next three years.
27Feb 25
TVS Motor Company Expands Global Footprint with New Models in Mexico and Women Empowerment Initiative in India
TVS Motor Company is set to introduce two new three-wheeler models, TVS King Duramax Plus and TVS King Deluxe Plus, in Mexico in March 2025. The company has also partnered with organizations like SEWA, SIDBI, AMU Leasing, and NRDC to launch the 'Wheels of Empowerment' initiative in India, aiming to provide 10,000 electric vehicles to rural women entrepreneurs over three years. Additionally, TVS disclosed a GST demand of Rs. 61,77,231 and a penalty of Rs. 67,94,954 for FY 2020-21, which the company plans to contest.
19Feb 25
TVS Motor Company Sees Significant Block Trade Worth Rs. 15.33 Crores on NSE
TVS Motor Company experienced a substantial block trade on the NSE, involving 64,212 shares at Rs. 2,387.20 per share. The total transaction value amounted to Rs. 15.33 crores. This large, privately negotiated securities transaction could potentially indicate a shift in institutional holdings or a strategic move by a major investor.