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Motilal Oswal: TVS Motor’s Q1 Above Estimate, Lower Other Expenses Drive Beat

TVS expects cost-cutting efforts to boost margins, with volume recovery and premium portfolio outperforming, says Motilal Oswal.

TVS Motor Company employees work on the vehicle production line at the PT TVS Motor Company Indonesia Factory in Karawang (Photographer Dimas Ardian/Bloomberg)
TVS Motor Company employees work on the vehicle production line at the PT TVS Motor Company Indonesia Factory in Karawang (Photographer Dimas Ardian/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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