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TVS Motor Company reports 11% rise in Q2 consolidated net profit

30 Oct 2023 Evaluate

TVS Motor Company has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 31.68% rise in its net profit at Rs 536.55 crore for Q2FY24 as compared to Rs 407.47 crore for the same quarter in the previous year. Total income of the company increased by 13.44% at Rs 8190.85 crore for Q2FY24 as compared Rs 7220.55 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 11.39% rise in its net profit at Rs 415.93 crore for the quarter under review as compared to Rs 373.40 crore for the same quarter in the previous year. Total income of the company increased by 16.22% at Rs 9983.75 crore for Q2FY24 as compared Rs 8590.56 crore for the corresponding quarter previous year.

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Company Name CMP
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