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TVS Motor Company reports 10% rise in Q3 net profit

24 Jan 2017 Evaluate

TVS Motor Company has reported results for third quarter ended December 31, 2016. 

The company has reported 10.37% rise in its net profit at Rs 132.67 crore for the quarter under review as compared to Rs 120.21 crore for the same quarter in the previous year. Total income of the company increased by 3.10% at Rs 3274.35 crore for the quarter under review as compared Rs 3175.93 crore for the corresponding quarter previous year.

TVS Motor Company is the third largest two-wheeler manufacturer in India. The company has four manufacturing plants, three located in India (Hosur in Tamil Nadu, Mysore in Karnataka and Nalagarh in Himachal Pradesh) and one in Indonesia at Karawang.


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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