TVS Holdings Reports Strong Q3 2024-25 Performance

TVS Holdings Limited announced robust Q3 2024-25 results, with earnings per share (EPS) surging 39% year-over-year. The company's consolidated revenue grew by 11% to ₹11,200 crores, driven by strong performance across automotive and financial services segments. Net profit rose 72% to ₹386 crore, reflecting operational efficiency and market expansion. The EBITDA margin improved to 11.8%, showcasing enhanced profitability.

In a strategic move, TVS Holdings completed the acquisition of an 80.74% stake in Home Credit India for ₹554 crore, strengthening its position in the financial services sector. This acquisition aligns with the company's goal to expand its lending book to ₹50,000 crore over the next three years.

Source: CNBC-TV18, MoneyControl, YourStory