Revving up
remarkable success

TVSM achieved remarkable success in FY 2023-24, with record-breaking revenues and profits, driven by 15% growth in motorcycle sales and an astounding 100% increase in EV sales. A well-balanced product mix, competitive pricing, and a strong emphasis on electric mobility power the journey ahead.

  • Financial
  • Non-financial

Revenue (` in Crore)

31,925

EBITDA (` in Crore)

3,514

EBITDA margin (%)

11.1

PAT (` in Crore)

2,083

PAT margin (%)

6.6

Sales volume (Nos. in Mn)

4.19

Earnings per share (`)

43.84

Dividend per share (`)

8.00

R&D spend (` in Crore)

644.7

Specific waste intensity (tonnes/Crore)

0.4

Specific water intensity (Kilolitres/Crore)

23.6

Share of women in the workforce (%)

13

Specific GHG emissions (Scope 1 and 2) (tCO2e/Crore)

0.89

CSR beneficiaries (Nos. in lakh)

16