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TVS Holdings ‘s Q2 Financial results: Revenue Grows by 10.32% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 10.32 % in the past year, substantial increase in net sales/revenue by 10.3 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -94.61 %, Marginal increase in other income during this quarter, up by 4.42%.
  • Profit over the Year and quarter: Significant improvement in profitability for TVS Holdings Limited. Notable increase of 30.94 % in net profit Year to Year, TVS Holdings Limited’s profitability increased by 24.48 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 22.09 % Year to Year. EPS increased by 28.3 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of TVS Holdings Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 10473.28 Cr Rs. 10475.65 Cr Rs. 11554.44 Cr + 10.3 % + 10.32 %
Expenses Rs. 9123.69 Cr Rs. 8983.55 Cr Rs. 9877.88 Cr + 9.96 % + 8.27 %
Operating Profit Rs. 1349.59 Cr Rs. 1492.1 Cr Rs. 1676.56 Cr + 12.36 % + 24.23 %
OPM % 12.89 % 14.24 % 14.51 % + 0.27 % + 1.62 %
Other Income Rs. 144.76 Cr Rs. 7.47 Cr Rs. 7.8 Cr + 4.42 % -94.61 %
Interest Rs. 516.87 Cr Rs. 519.88 Cr Rs. 522.22 Cr + 0.45 % + 1.04 %
Depreciation Rs. 251.54 Cr Rs. 247.41 Cr Rs. 260.77 Cr + 5.4 % + 3.67 %
Profit before tax Rs. 725.94 Cr Rs. 732.28 Cr Rs. 901.37 Cr + 23.09 % + 24.17 %
Tax % 36.48 % 33.48 % 32.9 % -0.58 % -3.58 %
Net Profit Rs. 457.31 Cr Rs. 481.03 Cr Rs. 598.81 Cr + 24.48 % + 30.94 %
EPS in Rs Rs. 112.65 Rs. 107.2 Rs. 137.54 + 28.3 % + 22.09 %


Today, we’re looking at TVS Holdings Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.32 %. However, it did see a marginal increase of 10.3 % from the previous quarter. Expenses ticked up slightly by 9.96 % quarter-on-quarter, aligning with the annual rise of 8.27 %. Operating profit, while up 24.23 % compared to last year, faced a quarter-on-quarter increase of 12.36 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.62 %, but an expansion of 0.27 % sequentially. Other income rose by 4.42 % compared to the last quarter, despite an annual decline of -94.61 %. Interest expenses surged remarkably by 0.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.04 %. Depreciation costs climbed by 5.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.67 %. Profit before tax grew annually by 24.17 % but saw an increase from the preceding quarter by 23.09 %.
Tax expenses as a percentage of profits decreased slightly by -3.58 % compared to last year, with a more notable quarter-on-quarter decrease of -0.58 %. Net profit rose by 30.94 % year-on-year but experienced a 24.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.09 % but a quarterly rise of 28.3 %. In summary, TVS Holdings Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 10473.28 Cr Rs. 10475.65 Cr Rs. 11554.44 Cr + 10.3 % + 10.32 %
Expenses Rs. 9123.69 Cr Rs. 8983.55 Cr Rs. 9877.88 Cr + 9.96 % + 8.27 %
Operating Profit Rs. 1349.59 Cr Rs. 1492.1 Cr Rs. 1676.56 Cr + 12.36 % + 24.23 %
Net Profit Rs. 457.31 Cr Rs. 481.03 Cr Rs. 598.81 Cr + 24.48 % + 30.94 %
EPS in Rs Rs. 112.65 Rs. 107.2 Rs. 137.54 + 28.3 % + 22.09 %


In reviewing TVS Holdings Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.32 % year-on-year growth, however, there was a minor increase of 10.3 % from the previous quarter. Expenses rose by 8.27 % compared to the previous year, with a 9.96 % increase quarter-on-quarter. Operating Profit surged by 24.23 % annually, and saw a 12.36 % increase from the last quarter.
Net Profit showed yearly increase of 30.94 %, and experienced a 24.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.09 % annually, however rose by 28.3 % compared to the last quarter. In essence, while TVS Holdings Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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