TVS Motor Shifts Gears: Declares ₹10 Dividend for Happy Shareholders!

In a major announcement on Friday, the board of TVS Motor Company Ltd has announced an interim dividend of ₹10 per share, which is a total payout of ₹4.75 billion. This was approved during the board meeting on March 20, 2025. The interim dividend is a testament to the firm's robust financial performance and determination to return value to its stakeholders.

 

The company has seen a strong 10% year-on-year increase in vehicle sales for February 2025, with total sales standing at 403,976 units. The positive trend is anticipated to enhance investor confidence as the company extends its market share.

 

Additional information on the record date and payment timetable for the dividend will be disclosed in due course.

 

Source: India Today