On July 28, TVS Motor Company reported a consolidated profit of ₹305.37 million in the quarter ended June (Q1FY23), compared to a loss ₹10.55 million during the same period last year. Its operating income increased by 56 percent year-on-year ₹7,315.70 million from ₹4,689.34 crore in Q1FY22. Compared to Q1 FY22 profit of ₹53 million, TVS Motor Company recorded a standalone profit ₹321 crore in Q1 FY23. In contrast to the Rs. 3,934 Crres reported for the quarter ended June 2021, TVS Motor Company recorded an operating profit of Rs. 6,009 Cros in the quarter ending June 2022.