MoneyWorks4Me

TVS Motor Company reports 68% rise in Q3 consolidated net profit

25 Jan 2024 Evaluate

TVS Motor Company has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 68.21% rise in net profit at Rs 593.35 crore for the quarter ended December 31, 2023 as compared to Rs 352.75 crore for the same quarter in the previous year. Total income of the company increased by 26.96% at Rs 8,318.41 crore for Q3FY24 as compared Rs 6,551.91 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 67.83% rise in its net profit at Rs 509.61 crore for Q3FY24 as compared to Rs 303.64 crore for the same quarter in the previous year. Total income of the company increased by 25.40% at Rs 10,125.82 crore for Q3FY24 as compared Rs 8,075.06 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
View more..