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TVS Motor to roll out three products by January 2016

29 Jul 2015 Evaluate

Two-wheeler major TVS Motor has lined up three major launches in the next six months. The company will launch a new four-stroke Moped, a new TVS Victor and Apache 200cc in the next six months. The launch of TVS Victor will strengthen company’s presence in the executive segment.

The company 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 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.

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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