A Study on the Financial Performance of TVS Motor Company from 2005 to 2024 and the Impact of GST

Abstract

Goods and Services Tax (GST) is a comprehensive indirect tax reform introduced in India in 2017, aimed at simplifying the tax structure and promoting economic growth. This study examines the financial performance of TVS Motor Company, one of the leading two-wheeler manufacturers in India, and analyses the impact of Goods and Services Tax (GST) on its financial performance for the years from 2005 to 2024. To synthesize the findings of previous studies on TVS Motor Company's financial performance and GST impact, the researcher has used different methods for analysis. The results show that TVS Motor Company has demonstrated a significant improvement in its financial performance in recent years, driven by improved sales, cost reduction initiatives, and GST benefits. However, the company also faces challenges in terms of intense competition, changing regulatory environment, and supply chain disruptions. The study provides insights into the financial performance of TVS Motor Company and the impact of GST on its financial performance, and suggests strategies for improvement. the study confirms that GST has had a significant and positive impact on the performance and competitiveness of TVS Motor Company, with all four hypotheses supporting the acceptance of the alternative hypothesis (H1).