TVS Motor Company Ltd reports Q2 FY27 consolidated net profit of ₹1,194.51 crore, up 50.2% year on year
- Consolidated revenue rose 38.6% year on year to ₹19,474.44 crore; operating margin was 11.3%.
- Standalone revenue increased 43.7% to ₹17,103.41 crore, with a 13.0% operating margin and net profit of ₹1,377.15 crore.
- Board approved a composite scheme involving the amalgamation of TVS Motor Services with the company and demerger of an undertaking into Harita ARC, subject to approvals.
- Board also approved a proposed ₹530.08 crore acquisition of STPL Trading and Services.
Original Filing: https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a5fc8a9-68b0-4482-b257-20feb4b17b69.pdf