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TVS Motor Company reports 31% rise in Q4 net profit

16 May 2018 Evaluate

TVS Motor Company has reported results for fourth quarter and year ended March 31, 2018.   

The company has reported a rise of 30.64% in its net profit at Rs 165.61 crore for the quarter ended March 31, 2018 as compared to Rs 126.77 crore for the same quarter in the previous year. Total income of the company has increased by 27.95% to Rs 4,016.75 crore for quarter under review as compared to Rs 3,139.22 crore for the quarter ended March 31, 2017. 

For the year ended March 31, 2018, the company has reported a rise of 18.73% in its net profit at Rs 662.59 crore for the quarter ended March 31, 2018 as compared to Rs 558.08 crore for the corresponding quarter in the FY17. Total income of the company increased by 16.87% to Rs 15,617.66 crore for quarter under review as compared to Rs 13,363.43 crore for the same quarter ended previous year.        


Peers
Company Name CMP
Bajaj Auto 9701.00
TVS Motor Company 3895.50
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