TVS Motor Company reports 25% rise in Q1 net profit

24 Jul 2015 Evaluate

TVS Motor Company has reported results for first quarter ended June 30, 2015.

The company has reported a rise of 24.82% in its net profit at Rs 90.27 crore for the quarter ended June 30, 2015 as compared to Rs 72.32 crore for the same quarter in the previous year. The company’s total income has increased by 13.71% to Rs 2630.82 crore for the quarter under review, from Rs 2313.66 crore for the corresponding quarter of the previous year

TVS Motor Company is the third largest two-wheeler manufacturer in India and one among the top ten in the world, with annual revenue of more than Rs. 10,131 crore in 2014-15 (around USD 1.6 billion), and is the flagship company of the, USD 7.29 billion in 2013-14, TVS Group. The company has a production capacity of 3 million 2 wheelers & 1.2 Lakh 3 wheelers a year.


TVS Motor Share Price

2502.40 60.45 (2.48%)
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