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TVS Motor registers 33% growth in Q2 net profit

28 Oct 2016 Evaluate

TVS Motor Company has reported results for second quarter ended September 30, 2016. 

The company has reported 33.42% rise in its net profit at Rs 177.39 crore for the quarter under review as compared to Rs 132.96 crore for the same quarter in the previous year. Total income of the company increased by 21.12% at Rs 3765.51 crore for the quarter under review as compared Rs 3108.88 crore for the corresponding quarter previous year. 

TVS Motor Company is engaged in manufacturing of two-wheeler vehicles. Its products include automobile component, components distribution, powered two-wheelers, computer peripherals, financial services, contract manufacturing services and software development.

Peers
Company Name CMP
Bajaj Auto 10371.00
TVS Motor Company 4280.00
Hero MotoCorp 5107.00
Eicher Motors 7250.00
OLA Electric Mobilit 35.14
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