The company's board on Friday (18 March) declared an interim dividend of Rs 3.75 per share.
The interim dividend will be paid to all shareholders of the company on or after 5 April 2022, whose names are registered as shareholders of the company as on the record date i.e. Monday, 28 March 2022.TVS Motor Company, part of the TVS Group, is a two and three-wheeler manufacturer. The two wheeler maker posted a 18.3% decrease in consolidated net profit to Rs 236.56 crore on a 8.2% rise in net sales to Rs 6,597.35 crore in Q3 FY22 over Q3 FY21.
Shares of TVS Motor Company were trading 0.37% higher at Rs 613.75 on BSE.
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