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TVS Motor Company’s consolidated net loss narrows to Rs 10.55 crore in Q1

30 Jul 2021 Evaluate

TVS Motor Company has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 53.15 crore for the quarter under review as compared to net loss of Rs 139.07 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 3935.95 crore for Q1FY22 as compared Rs 1434.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 10.55 crore for the quarter under review as compared to net loss of Rs 179.37 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 4692.03 crore for Q1FY22 as compared Rs 1946.35 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 9734.85
TVS Motor Company 3897.95
Hero MotoCorp 4900.50
Eicher Motors 6850.80
OLA Electric Mobilit 33.30
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