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TVS Motor Company reports 15% rise in Q2 consolidated net profit

17 Oct 2019 Evaluate

TVS Motor Company has reported results for second quarter ended September 30, 2019. 

The company has reported 20.68% rise in its net profit at Rs 255.01 crore for the quarter under review as compared to Rs 211.31 crore for the same quarter in the previous year. However, total income of the company decreased by 12.84% at Rs 4,352.74 crore for Q2FY20 as compared Rs 4,994.21 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 15.09% rise in its net profit at Rs 256.88 crore for the quarter under review as compared to Rs 223.19 crore for the same quarter in the previous year. However, total income of the company decreased by 9.18% at Rs 4966.88 crore for Q2FY20 as compared Rs 5468.75 crore for the corresponding quarter previous year.   

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Company Name CMP
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