Motilal Oswal Raises TVS Motor Profit Estimates After Q2 Growth

Motilal Oswal has increased its profit estimates for TVS Motor by up to 11 percent following strong second-quarter financial results. The company reported a significant year-on-year revenue growth of 43.7 percent, reaching Rs 17,100 crore. This performance closely matched brokerage expectations and highlights the automaker's robust operational expansion in the current fiscal year.