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TVS Motor reports 18% fall in Q3 consolidated net profit

08 Feb 2022 Evaluate

TVS Motor Company has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 8.54% in its net profit at Rs 288.31 crore for the quarter under review as compared to Rs 265.62 crore for the same quarter in the previous year. Total income of the company increased by 5.71% at Rs 5,712.16 crore for Q3FY22 as compared Rs 5,403.74 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 18.34% in its net profit at Rs 236.56 crore for the quarter under review as compared to Rs 289.69 crore for the same quarter in the previous year. However, total income of the company increased by 8.09% at Rs 6,606.22 crore for Q3FY22 as compared Rs 6,111.56 crore for the corresponding quarter previous year.

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