TVS Motor Company reports 7% growth in Q2 net profit

TVS Motor Company has reported results for second quarter ended September 30, 2014. The company has posted a rise of 6.72% in its net profit at Rs 94.81 crore for the quarter ended September 30, 2014 as compared to Rs 88.84 crore for the same quarter in the previous year. Total income has increased by 34.85% at Rs 2691.71 crore for quarter under review as compared to Rs 1996.07 crore for the quarter ended September 30, 2013. TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.