TVS Motor posts record quarterly sales on EV surge

TVS Motor Company recorded its highest-ever quarterly sales in the September quarter, powered by electric vehicles. Its electric two-wheeler sales jumped 133% to 1.86 lakh units, while overall two- and three-wheeler sales rose 27% to 1.9 million units. Revenue climbed 44% to a record Rs 17,103 crore, and profit after tax grew 52%.