TVS Motor Company has reported results for first quarter ended June 30, 2020.
The company has reported net loss of Rs 139.07 crore for the quarter under review as against net profit of Rs 142.30 crore for the same quarter in the previous year. Total income of the company decreased 67.91% at Rs 1434.32 crore for Q1FY21 as compared Rs 4469.82 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 179.37 crore for the quarter under review as against net profit of Rs 146.40 crore for the same quarter in the previous year. Total income of the company decreased by 61.28% at Rs 1946.35 crore for Q1FY21 as compared Rs 5026.27 crore for the corresponding quarter previous year.