Quarterly Result28 Apr 2025, 06:15 pm
TVS Motor Company Ltd's Outstanding Qualified Borrowings Increase by 14.6% in FY 2025
AI Summary
TVS Motor Company Ltd, a prominent player in the automotive industry, has reported an increase in its Outstanding Qualified Borrowings for the financial year ending March 31, 2025. The company's Outstanding Qualified Borrowings stood at Rs. 1,513.44 Crores at the start of the year, and increased to Rs. 1,734.94 Crores by the end of the year, marking a 14.6% rise. The highest credit rating of the company relating to the unsupported bank borrowings or plain vanilla bonds is AA+ Stable. The company did not issue any debt securities during the year.
Key Highlights
- TVS Motor Company Ltd reports a 14.6% increase in Outstanding Qualified Borrowings for FY 2025.
- The company's Outstanding Qualified Borrowings rose from Rs. 1,513.44 Crores to Rs. 1,734.94 Crores.
- The highest credit rating of the company is AA+ Stable.
- No debt securities were issued by the company during the year.