Net profit of TVS Holdings rose 22.09% to Rs 278.27 crore in the quarter ended September 2024 as against Rs 227.92 crore during the previous quarter ended September 2023. Sales rose 8.64% to Rs 11228.49 crore in the quarter ended September 2024 as against Rs 10335.74 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales11228.4910335.74 9 OPM %14.9314.35 - PBDT1162.14979.22 19 PBT901.37727.68 24 NP278.27227.92 22 Powered by Capital Market - Live News

Net profit of TVS Holdings declined 85.01% to Rs 12.44 crore in the quarter ended September 2024 as against Rs 82.98 crore during the previous quarter ended September 2023. Sales declined 88.26% to Rs 56.54 crore in the quarter ended September 2024 as against Rs 481.40 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales56.54481.40 -88 OPM %55.3428.60 - PBDT16.79109.62 -85 PBT16.1798.38 -84 NP12.4482.98 -85 Powered by Capital Market - Live News

The Board of TVS Holdings will meet on 23 October 2024 to consider and approve the raising of funds by way of issuance of Non-Convertible Debentures on a private placement basis in one or more tranches/series, over a period of time. Powered by Capital Market - Live News

TVS Holdings will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live News

TVS Holdings has received revision in credit ratings from CRISIL as under:Bank loan facility (Rs 650 crore) - CRISIL AA/ Positive (Rating reaffirmed; Outlook revised from Stable)Non convertible debentures (Rs 1,000 crore) - CRISIL AA/ Positive (Rating reaffirmed; Outlook revised from Stable)Powered by Capital Market - Live News