Chennai-based automobile major TVS Motor has appointed Sudarshan Venu as its managing director effective May 5. He is the son of TVS Motor’s chairman emeritus, Venu Srinivasan.
Sudarshan led the company's growth in India and markets in Asia, Africa and Europe. He was appointed the company’s joint managing director in September 2014.
The company posted a 5 per cent dip in net profit of Rs 275 crore during the fourth quarter of 2021-22, as against Rs 289 crore in the fourth quarter of 2020-21. Its revenue from operations revenue from operations in the fourth quarter grew by 4 per cent