{"id":970,"date":"2026-05-13T10:50:11","date_gmt":"2026-05-13T10:50:11","guid":{"rendered":"https:\/\/dailypakistannews.com\/?p=970"},"modified":"2026-05-13T10:50:11","modified_gmt":"2026-05-13T10:50:11","slug":"indias-tvs-motor-misses-quarterly-profit-view-on-higher-costs","status":"publish","type":"post","link":"https:\/\/dailypakistannews.com\/?p=970","title":{"rendered":"India&#8217;s TVS Motor misses quarterly profit view on higher costs"},"content":{"rendered":"<p><strong>TVS Motor, India\u2019s third-largest two-wheeler maker, reported a 31% rise in its fourth-quarter profit on Wednesday but missed analysts estimates slightly as soaring raw material costs offset strong local demand for its scooters and motorbikes.<\/strong><\/p>\n<p>The Jupiter scooter maker reported a profit of 9.98 billion rupees ($104.28 million) for the March quarter, missing analysts\u2019 average estimate of 10.09 billion rupees, according to data compiled by LSEG.<\/p>\n<p>Analysts say last year\u2019s tax rate cuts are likely to sustain demand over the next two to three quarters and a strategic push towards premium models should help offset margin pressures from the Middle East conflict as the company rapidly expands EV scooter production.<\/p>\n<p>TVS Motor\u2019s two-wheeler sales rose 27% year-on-year to about 1.35 million units in the March quarter, driven by an strong domestic sales and an increase in exports.<\/p>\n<p>Exports accounted for roughly 25% of its total sales in the fourth quarter, while EV sales, which accounted for 3% of overall sales, rose 51%.<\/p>\n<p>Revenue from operations jumped about 34% to 128.08 billion rupees and beat analysts estimates while total expenses rose 35.2%.<\/p>\n<p>The company\u2019s earnings before interest, taxes, depreciation and amortization margin expanded by 60 basis points to 13.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TVS Motor, India\u2019s third-largest two-wheeler maker, reported a 31% rise in its fourth-quarter profit on Wednesday but missed analysts estimates slightly as soaring raw material costs offset strong local demand for its scooters and motorbikes. The Jupiter scooter maker reported a profit of 9.98 billion rupees ($104.28 million) for the March quarter, missing analysts\u2019 average [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news"],"_links":{"self":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=970"}],"version-history":[{"count":0,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/media\/971"}],"wp:attachment":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}