TVS Motor Company Ltd

TVS Motor Company will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

TVS Motor Company (TVSM) is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility's assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world's fastest-growing regions for motorbike usage, offering a significant opportunity for expansion. TVSM has been a strategic investor in ION Mobility, a full-stack EV company known for its robust in-house capabilities across industrial and product design, mechanical and electrical engineering, embedded and power electronics, firmware, software, and supply chain solutions. This integration, combined with TVSM's deep expertise in electric mobility, marks a major step toward unlocking new possibilities in the region. Commenting on the development, Sharad Mohan Mishra, President Group Strategy, TVS Motor Company, said: 'We were an early strategic investor in ION Mobility, attracted by their focus on delivering smart, sustainable, and exciting mobility solutions for ASEAN markets. Our 'Reimagine 2030' vision strongly aligned with their mission. With the acquisition of ION Mobility's assets, IP and core team, we are thrilled to bring their entrepreneurial energy, design thinking and engineering strength into TVSM. Combined with our R&D depth, quality systems, and manufacturing scale, this partnership positions us to accelerate market penetration and grow our share across Southeast Asia.' Powered by Capital Market - Live

TVS Motor Company (TVSM) is celebrating two significant milestones for its premium motorcycle brand, TVS Apache - the brand's 20th anniversary and the trust it has garnered of over 6 million customers worldwide. Engineered with cutting-edge racing technology and inspired by TVS Racing's championship pedigree, TVS Apache has become one of the fastest-growing sports motorcycle brands across 60+ countries. For two decades, it has fuelled the adrenaline of the youth and of motorcycle enthusiasts, delivering the ultimate combination of power, precision and performance on the streets and the track. Expressing his gratitude on these milestones, Sudarshan Venu, Managing Director, TVS Motor Company said, We are immensely grateful to the 6 million+ passionate riders of TVS Apache for their unwavering trust and enthusiasm over the last 20 years. Their love for performance and adrenaline has propelled TVS Apache to become one of the fastest-growing sports motorcycle brands globally. This milestone belongs to every member of the TVSM family - our engineers, designers, factory teams, dealers, suppliers, and partners - who push the limits of innovation every day. TVS Apache's enduring success emanates from cutting-edge racing technology, precision engineering, and unmatched performance. It is a testament to our relentless commitment to empowering the new generation of young riders who live and breathe the thrill of motorcycling.'Powered by Capital Market - Live

TVS Motor Company announced that during the financial year 2024-25, the company registered a growth of 13% with total sales increasing from 41.91 Lakh units in FY 2023-24 to 47.44 Lakh units. Two-wheeler sales of the company registered a growth of 12% with sales increasing from 38.51 Lakh units in FY 2023-24 to 43.30 Lakh units in FY 2024-25. Three-wheeler of the company registered 1.35 Lakh units in FY 2024-25 as against 1.46 Lakh units in FY 2023-24. Total exports registered a growth of 18% with sales increasing from 10.13 Lakh units in FY 2023-24 to 11.95 Lakh units in FY 2024-25. Powered by Capital Market - Live

TVS Motor Company announced that during the fourth quarter of the financial year 2024-25, two-wheeler of the company registered a growth of 14% with sales increasing from 10.32 Lakh units in the fourth quarter of financial year 2023-24 to 11.80 Lakh units. Three-wheeler of the company registered a growth of 21% with sales increasing from 0.30 Lakh units in the fourth quarter of financial year 2023-24 to 0.37 Lakh units in the fourth quarter of the financial year 2024-25. Total exports registered a growth of 31% with sales increasing from 2.60 Lakh units in the last quarter of FY 2023-24 to 3.40 Lakh units in the fourth quarter of the financial year 2024-25. Powered by Capital Market - Live

TVS Motor Company registered a growth of 17% with sales increasing from 354,592 units in March 2024 to 414,687 units in March 2025. Total two-wheelers registered a growth of 16% with sales increasing from 344,446 units in March 2024 to 400,120 units in March 2025. Domestic two-wheeler registered growth of 14% with sales increasing from 260,532 units in March 2024 to 297,622 units in March 2025. Motorcycle registered a growth of 15% with sales increasing from 171,611 units in March 2024 to 196,734 units in March 2025. Scooter registered a growth of 27% with sales increasing from 131,472 units in March 2024 to 166,297 units in March 2025. The electric vehicles recorded a growth of 77% with sales increasing from 15,250 units in March 2024 to 26,935 units in March 2025. The Company's total exports registered a growth of 23% with sales increasing from 91,972 units in March 2024 to 113,464 units in March 2025. Two-wheeler exports registered a growth of 22% with sales increasing from 83,914 units in March 2024 to 102,498 units in March 2025. Three-wheeler of the Company registered a growth of 44% with sales increasing from 10,146 units in March 2024 to 14,567 units in March 2025.Powered by Capital Market - Live

Total two-wheelers registered a growth of 16%, with sales increasing from 400,120 units in March 2025 to 344,446 units in March 2024. Domestic two-wheeler sales stood at 297,622 units in March 2025, up 14% from 260,532 units sold in March 2024. Motorcycle sales were at 196,734 units in March 2025, registering a growth of 15% compared with Rs 171,611 units in March 2024. Scooter registered a growth of 27%, with sales increasing from 166,297 units in March 2025 to 131,472 units in March 2024. Electric vehicle (EV) sales surged by 34% YoY, with the number of units sold increasing to 26,935 in March 2025 from 15,250 in March 2024. The company's total exports registered a growth of 23%, with sales increasing from 113,464 units in March 2025 to 91,972 units in March 2024. The company's two-wheeler exports registered sales of 14,567 units in March 2025, up 44% YoY. TVS Motor Company is a reputed two- and three-wheeler manufacturer globally. It has four manufacturing facilities in Hosur, Mysuru, and Nalagarh in India and Karawang in Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement, have a leading position in the e-bike market in Switzerland. The company's standalone net profit rose 4.24% to Rs 618.48 crore on 10.33% increase in revenue from operations to Rs 9,097.05 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

EBCO is a British company distributing electric bikes designed for the rapidly expanding British e-bike market. The company has tie ups with most major dealers across the United Kingdom (UK). The turnover was Rs 7.07 crore with a loss after tax of Rs 15.15 crore in FY24. TVS Motor (Singapore) views EBCO as a long-term partner in expanding its presence in the e-bike industry. The company plans to acquire the remaining stake in EBCO through its Singapore subsidiary, TVS Motor (Singapore). As a result, EBCO has now become a wholly owned subsidiary of both TVS Motor Singapore and TVS Motor Company. TVS Motor Company is a reputed two- and three-wheeler manufacturer globally. It has four manufacturing facilities in India and Indonesia. TVS Motor's group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Its subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement, have a leading position in the e-bike market in Switzerland. The company's standalone net profit rose 4.24% to Rs 618.48 crore on 10.33% increase in revenue from operations to Rs 9,097.05 crore in Q3 FY25 over Q3 FY24. The scrip rose 0.34% to Rs 2,438.95 on the BSE.Powered by Capital Market - Live

TVS Motor (Singapore) (TVSM Singapore), the wholly owned subsidiary of TVS Motor Company, has today completed the acquisition of additional 8.26% of the share capital of The GO Corporation (GOAG), Switzerland from its existing shareholder for a total consideration of CHF 500,000. Pursuant to the aforesaid acquisition, TVSM Singapore's holding in GOAG has increased to 100% and consequently has become a wholly owned subsidiary of TVSM Singapore and the Company.Powered by Capital Market - Live

TVS Motor (Singapore), the wholly owned subsidiary of TVS Motor Company, has today acquired additional 30% of the share capital of EBCO, UK from its existing shareholder for a consideration of GBP 60,000. Consequently, EBCO has become a wholly owned subsidiary of TVSM Singapore and the Company effective today.Powered by Capital Market - Live