Wednesday 29 January 2014

TVS Motor reports 31% rise in Q3 net profit

TVS Motor Company has reported results for third quarter ended December 31, 2013.

The company has reported 31.17% rise in its net profit at Rs 68.80 crore for the quarter as compared to Rs 52.45 crore for the same quarter in the previous year. Total income from operations of the company has increased by 12.95% at Rs 2057.60 crore for quarter under review as compared to Rs 1821.59 crore for the quarter ended December 31, 2012.

TVS Motor Company is the flagship of the $6 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India. The company recently won 'India's Most Trusted Two Wheeler Brand' Award from the Times Group.

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