TVS Motor Dividend: TVS Motor Company, a major company in the two-wheeler segment, has announced interim dividend for its shareholders. It has been decided to give the gift of dividend in the board meeting on the business day of Tuesday, March 24.
For the financial year 2025-26, the company is going to pay an interim dividend of Rs 12 on every share. Due to which the total payment will be around Rs 570 crore. In such a situation, there is a wave of happiness on the faces of the investors who have shares of the company. Let us know about other information about this dividend…
What is the record date?
The record date for receiving dividend by the company has been fixed as 31 March 2026. That is, only those investors who have shares of TVS Motor Company till this day will get the benefit of this dividend.
Giving further information, the company said that the money will be sent directly to the investors’ accounts within about 30 days of the record date.
Electric vehicles are also gaining traction
The company’s performance in the electric segment also remains strong. TVS Motor Company has registered sales of about 1.06 lakh electric vehicles. Which shows an increase of about 40 percent on year-on-year basis. This figure shows that the company is also rapidly increasing its presence in the EV market.
Company’s financial performance
TVS Motor Company has performed strongly in its recent quarterly results. The company’s revenue was around Rs 12,476 crore, which shows an increase of 37 percent on an annual basis.
Whereas EBITDA has seen a growth of 51 percent and has reached the figure of Rs 1,634 crore. Company profit has been recorded at Rs 940 crore. The impact of these strong figures has also been seen on the shares.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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