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TVS Motor Company reports 31% rise in Q3 net profit

03 Feb 2015 Evaluate

TVS Motor Company has reported results for third quarter ended December 31, 2014.

The company has registered a rise of 31.08% in its net profit after tax at Rs 90.18 crore for the quarter under review as compared to Rs 68.8 crore for the same quarter in the previous year. Total income of the company has increased 28.73% at Rs 2658.78 crore for Q3FY15 as compared Rs 2065.36 crore for the corresponding quarter previous year.

TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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