Business Standard

Sunday, January 19, 2025 | 09:15 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Two-wheeler major TVS Motor Q3 net up 16% to Rs 1.55 bn on strong sales

Company to launch one scooter and motorcycle in Q4, may hike prices to offset higher material costs

Two-wheeler major TVS Motor Q3 net up 16% to Rs 1.55 bn on strong sales
Premium

T E Narasimhan Chennai
TVS Motor's Profit After Tax (PAT) rose 16.3 per cent to Rs 1.55 billion (Rs 155 crore) in the quarter ended December 2017, from Rs 1.33 billion (Rs 133 crore) in the corresponding quarter a year ago.

The company reported a revenue growth of 23.5 per cent for the quarter under review. Revenue excluding excise duty and GST grew to Rs 36.85 billion (Rs 3,685 crore) in the quarter ended December 2017 from Rs 29.84 billion in the year-ago quarter.

K N Radhakrishnan, CEO, TVS Motor said that he is bullish about the fourth quarter on the backdrop of good

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in