TVS Motor Company has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a rise of 30.09% in its net profit at Rs 117.76 crore for the quarter ended March 31, 2016 as compared to Rs 90.52 crore for the same quarter in the previous year. Total income of the company has increased by 15.74% at Rs 2839.60 crore for quarter under review as compared to Rs 2453.42 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a rise of 24.24% in its net profit at Rs 432.14 crore as compared to Rs 347.83 crore for the same period in the previous year. Total income of company increased 12.14% at Rs 11295.18 crore for year under review as compared to Rs 10072.62 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 12.51% in its net profit after minority interest at Rs 369.33 crore as compared to Rs 328.26 crore for the same period in the previous year. Total income of company has increased by 12.43% at Rs 11554.88 crore for year under review as compared to Rs 10277.13 crore for the period ended March 31, 2015.
