TVSMOTOR \u2014 Recent Activity

India tax cuts spur demand, boost Apollo Tyres' quarterly profit

Feb 4 (Reuters) - India's Apollo Tyres reported a 39.5% rise in quarterly profit, as tax cuts spurred demand both from automakers as well as buyers looking to replace older tyres.

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TVS Motor Co Ltd (BOM:532343) Q3 2026 Earnings Call Highlights: Record Sales and Profit Surge ...

TVS Motor Co Ltd (BOM:532343) reports a remarkable 37% revenue growth and 51% EBITDA increase, while navigating supply chain and inflation hurdles.

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Indian e-scooter maker Ather Energy's quarterly loss narrows as sales rise

Feb 2 (Reuters) - Indian e-scooter manufacturer Ather Energy posted a narrower quarterly loss on Monday, helped by a jump in sales during the year-end festive period.

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India's TVS Motor misses quarterly profit view on labour-code charge despite demand surge

Jan 28 (Reuters) - TVS Motor reported a lower-than-expected quarterly profit on Wednesday after taking a one-time charge linked to India's new labour codes, although strong two-wheeler demand and

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Accel backs Uber rival Rapido as Prosus boosts stake

TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus. Founded in 2015, Rapido has grown into a major player in India's ride-hailing market, competing with Uber, Ola, and inDrive.

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India's TVS Motor profit jumps on exports, tax-cut fueled demand

(Reuters) -Indian automaker TVS Motor Company posted a 37% jump in second quarter profit on Tuesday, as festive season demand after a steep tax cut and an export spike boosted revenue.

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IPO-bound Indian EV startup Simple Energy plans aggressive expansion by 2029

(Corrects market share to about 0.5% from about 5% in paragraph 4 after company clarification) By Meenakshi Maidas and Yagnoseni Das (Reuters) -Simple Energy, an Indian electric two-wheeler

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India's Bajaj Auto flags lower-than-planned EV output on rare earths crunch

(Reuters) -Bajaj Auto will not meet its electric vehicles delivery target in the second-quarter as the Indian automaker grapples with a shortage of rare earth magnets, a senior executive said on Wednesday. "At this point in time, it looks like we might be able to deliver about 50%-60% of our (electric) two-wheeler plan for this quarter and about 70%-80% of the (electric) three-wheeler plan," Bajaj Auto's chief financial officer Dinesh Thapar told reporters in a post-earnings call. The automake

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India's Royal Enfield maker briefly hit by rare earth magnet shortage, secures alternative, executive says

(Reuters) -India's Eicher Motors reported that a shortage of rare earth magnets disrupted its first-quarter production of performance motorcycles due to China's export ban on the key component, prompting the company to switch to alternative materials. The shortage of the critical component stalled production of Royal Enfield's Himalayan, Scram and Guerilla motorcycles, Govindarajan added.

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India's TVS Motor beats quarterly profit view, seeks rare-earth alternatives

(Reuters) -TVS Motor, India's top electric two-wheeler maker by sales, beat quarterly profit estimates on Thursday on strong local sales and exports, and said it plans to seek alternative sources for rare-earth magnets in light of China's export ban. The company, which also makes three-wheelers, had earlier flagged short- to medium-term challenges in securing magnets, which are key for electric motors and components. China, which produces about 90% of the world's rare earth magnets, imposed ex

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