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TVS Motor Company reports 6% fall in Q1 consolidated net profit

23 Jul 2019 Evaluate

TVS Motor Company has reported results for first quarter ended June 30, 2019.

The company has reported 2.94% fall in its net profit at Rs 142.30 crore for the quarter under review as compared to Rs 146.61 crore for the same quarter in the previous year. However, total income of the company increased by 7.16% at Rs 4,469.82 crore for Q1FY20 as compared Rs 4,171.02 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.50% in its net profit at Rs 151.24 crore for the quarter under review as compared to Rs 160.05 crore for the same quarter in the previous year. However, total income of the company increased by 8.65% at Rs 5,026.27 crore for Q1FY20 as compared Rs 4,626.15 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
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