Economy
TVS Motor Reports Record Quarterly Revenue and Plans Consumer Finance Demerger

TVS Motor Reports Record Quarterly Revenue and Plans Consumer Finance Demerger

The Hindu2h
THE BRIEF
1

TVS Motor Company announced plans to demerge its consumer finance business into a separate holding company to give financial operations greater strategic autonomy.

2

The company reported record quarterly revenue of ₹17,103 crore for the September quarter of FY27, marking a 44% increase year-on-year.

3

Net profit surged 52% year-on-year to ₹1,377 crore, while total quarterly two- and three-wheeler sales reached a record 1.9 million units.