TVS Motor Company Ltd News Today

According to IBEE, its electric vehicles will be run in large volumes under the contract in key Tier 2 and Tier 3 cities of Tamil Nadu

The company said that operating margins for the quarter grew to 14%, sharply higher against 11.30% against the previous corresponding period.

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This move is a strategic expansion of TVSM's electric two-wheeler presence in Southeast Asia, where two-wheeler demand remains high.

The two-wheeler segment grew by 16% in March, with 4,00,120 units sold and domestic two-wheeler sales up by 14%.

The company informed the bourses that the record date for interim dividend has been fixed as March 26, 2025, as per SEBI regulations.

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TVS Motor intends to build a centre of innovation to facilitate the rendezvous of engineers, designers, AI and ML experts and innovators, who will build next-gen motorcycles.

To seal the deal, TVS bought 7,914 shares from existing owners at ₹10 per share.

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