New Delhi, Jan. 29 -- TVS Holdings declared their Q3 results on 28 Jan, 2025. The topline decreased by 1.86% YoY, while the profit surged by 72.12% to reach Rs.386.04 crore. The revenue for the quarter stood at Rs.9810.03 crore.

In comparison to the previous quarter, revenue declined by 2.82%, although profit saw a significant increase of 38.73%. This reflects a robust performance on the profit front despite the challenges in revenue generation.

The Selling, general & administrative expenses showed a decline of 2.73% quarter-over-quarter, but increased by 7.35% year-over-year, indicating a change in operational efficiency.

However, operating income faced a significant downturn, down by 156.13% quarter-over-quarter and decreased by 105....