TVS Motor Company Limited's share price witnessed a notable uptick on Friday, March 21, 2025, following the announcement of an interim dividend for the financial year 2024–25 (FY25). This development has caught the attention of many investors exploring avenues for share market investment.
Interim dividend of ₹10 per share announced
The surge in share price follows the company's decision to reward shareholders with an interim dividend of ₹10 per equity share for FY25. This was declared by the Board of Directors during a meeting held on March 20, 2025.
In a regulatory exchange filing, the company stated, "The Board of Directors of the Company at its meeting held today, declared an interim dividend of ₹10 per share (1000%) on 47,50,87,114 equity shares of ₹1 each fully paid up, absorbing a sum of ₹475 crores, for the financial year ending March 31, 2025."
TVS Motor has fixed March 26, 2025, as the record date to determine shareholders eligible for the interim dividend. The dividend will be paid within 30 days from the date of declaration, in accordance with the provisions of the Companies Act, 2013.
Strong financial performance supports investor sentiment
The company's solid financial performance in Q3FY25 has also contributed to the positive sentiment in the market. TVS Motor reported a 4.2% year-on-year growth in net profit at ₹618.5 crores, compared to ₹593.4 crores in the same period last year.
Operating revenue grew by 10% to ₹9,097 crores in Q3FY25, up from ₹8,245 crores in Q3FY24. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose 17% to ₹1,081 crores. The EBITDA margin stood at 11.9% for the quarter.
Company background and market standing
TVS Motor Company, headquartered in Chennai, is a globally recognised manufacturer of two- and three-wheelers. It stands among the leading players in the Indian automotive sector by revenue. The company's current market capitalisation stands at ₹1,15,279.89 crores as per BSE data.
As of 12 PM on March 21, 2025, TVS Motor Company's shares were trading at ₹2,426.30 apiece on the BSE. With a consistent financial track record and shareholder-friendly policies, TVS Motor continues to attract attention in equity markets. The interim dividend declaration, coupled with steady performance, is expected to further bolster its position in the investment landscape.
For android only