TVS Motor reports 19% fall in Q4 net profit

30 Apr 2019

TVS Motor Company has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a fall of 19.19% in its net profit at Rs 133.83 crore for the quarter ended March 31, 2019 as compared to Rs 165.61 crore for the same quarter in the previous year. However, total income of the company increased by 9.23% at Rs 4,387.60 crore for quarter under review as compared to Rs 4,016.75 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a marginal rise of 1.14% in its net profit at Rs 670.14 crore as compared to Rs 662.59 crore for the previous year. Total income of company increased 16.65% at Rs 18,217.46 crore for year under review as compared to Rs 15,617.66 crore for year ended March 31, 2018.

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