TVS MOTORS

TVS Motors is one of the largest two-wheeler manufacturing company dealing in wide range of products starting from mopeds, to scooters, commuter motorcycles, to racing-inspired bikes. TVS motors established its presence globally in Middle East, Africa, South-East Asia, the Indian subcontinent, Latin & Central America. Also, it is the third-largest company in India with a revenue of over US$ 2.9 billion having an annual sale of more than 3 million units and also, the second-largest exporter in India exporting to over 60 countries. The shareholding pattern of TVS Motors is as follows: promoters with 57.40%, domestic institutional investors with 20.84%, foreign institutional investors with 12.34% and the public with 9.42%.

The Board of directors of TVS Motors decided for a second interim dividend of Rs. 1.40 per equity share which summed up to a total dividend of Rs. 3.50 per equity share for the year ended on 31st March 2021. TVS Motor showed a growth of 10.18% in the profit at Rs. 319.19 Cr. for this quarter against Rs. 289.69 Cr. of Q3. Meanwhile, the revenue grew by 0.61% to Rs. 6,131.9 Cr. against Rs. 6,094.91 in Q3 and the profit before tax grew by 5.17% QoQ and gross profit margin grew by 0.47% QoQ.

The Q4 result of TVS Motors was coruscating.