TVS Motor Company Ltd, one of India’s leading 2 and 3-wheeler manufacturers, has announced an interim dividend of ₹10 per equity share for the financial year ending March 31, 2025.
The dividend declared at a rate of 1,000% on the face value of ₹1 per share, amounts to a total payout of ₹475 crore. This significant declaration was made following a board meeting held on March 20, 2025.
The interim dividend reflects the company’s continued financial discipline and its ability to generate substantial shareholder value. This announcement comes as part of the company’s broader commitment to maintaining consistent capital allocation and rewarding its shareholders.
The share price of TVS Motor was up by 2.18% at ₹2,400 as of 9:43 AM on March 21, 2025.
In accordance with SEBI regulations, TVS Motor has set March 26, 2025, as the record date for the interim dividend. Shareholders whose names appear in the company’s register or in depository records at the close of business on this date will be eligible to receive the dividend.
The disbursement is expected to be completed within 30 days from the date of declaration.
Both physical and electronic shareholders are entitled to this payout, with the company ensuring compliance with regulatory norms to facilitate timely and efficient distribution.
The dividend announcement follows a robust financial performance by the company in the third quarter of FY25. TVS Motor reported a net profit of ₹618 crore for Q3FY25, marking a 4% increase compared to the same period last year. Revenue also rose to ₹9,097 crore, reflecting a 10.3% year-on-year growth.
The company’s operational performance showed improvement, with EBITDA rising 17% year-on-year to ₹1,081 crore. Margins also expanded by 70 basis points to 11.9%, up from 11.2% in the corresponding quarter of the previous financial year.
TVS Motor’s interim dividend declaration, amounting to a substantial ₹475 crore, underlines its strong financial footing and commitment to shareholder return. Coupled with Q3FY25’s performance, the company continues to demonstrate resilience and operational efficiency in a dynamic market environment.
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Published on: Mar 21, 2025, 2:27 PM IST
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