The increase is in-line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production.
TVS Motor Company posted a 31.1% year-on-year rise in net profit to Rs 998 crore for the fourth quarter of FY25, roughly meeting Bloomberg's consensus estimate of Rs 1,041 crore.
The new logo addition, cross-selling, and synergy from Broadpath will drive Sagility's revenue/Ebitda/net profit
CAGR of 19%/20%/24% over FY25-28, believes Motilal Oswal.
