TVS Srichakra posts Rs 46 cr net profit in Apr-Jun qtr

Tyre maker TVS Srichakra has registered a marginal drop in standalone net profits to Rs 46.51 crore for the first quarter ending June 30, 2016.
The Tamil Nadu-based TVS Group, in a regulatory filing said, its standalone net profit stood at Rs 49.48 crore in the year-ago period.
The total income from operations for the first quarter rose to Rs 511.81 crore from Rs 473.32 crore during same period a year ago, it said.