TVS Motor’s (TVSL’s) Q1FY23 performance was in line with our estimates – delivering an Ebitda margin of 10% (flat q-o-q). Ebitda per unit rose 2% q-o-q to Rs 6.6k led…
TVS Motor Company rating: Buy | Delivering on margins yet again
TVS Motor’s (TVSL’s) Q1FY23 performance was in line with our estimates – delivering an Ebitda margin of 10% (flat q-o-q). Ebitda per unit rose 2% q-o-q to Rs 6.6k led…