India's TVS Motor edges up in volatile trade after quarterly results

TVS Motor

13/05/2026 09:10

** Shares of TVS Motor TVSM.NS trade between -0.5% and +0.5% since Q4 results; last up 0.3% at 3,572 rupees

** Nifty Auto .NIFTYAUTO down 0.4%

** Two-wheeler maker Q4 profit rises to 9.98 billion rupees, slightly missing analyst estimates of 10 billion rupees

** Operating margins at 13.1%, lower than the year-ago's 14%; raw material costs surged to 89.26 billion rupees from 67.91 billion rupees

** Company flags regulatory uncertainties that could cloud outlook

** TVSM forward 12-month price-to-earnings ratio of 38.79 vs industry average at 24.68 - LSEG-compiled data

** YTD, stock down 2.4% vs 7.1% fall in sub-index

(Reporting by Pranav Kashyap in Bengaluru)

((pranav.kashyap@tr.com; +919886482111;))