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TVS Motor Company standalone net profit declines 6.81% in the March 2017 quarter

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Capital Market

Sales rise 1.69% to Rs 2844.50 crore

Net profit of TVS Motor Company declined 6.81% to Rs 126.77 crore in the quarter ended March 2017 as against Rs 136.03 crore during the previous quarter ended March 2016. Sales rose 1.69% to Rs 2844.50 crore in the quarter ended March 2017 as against Rs 2797.31 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.06% to Rs 558.08 crore in the year ended March 2017 as against Rs 489.28 crore during the previous year ended March 2016. Sales rose 9.28% to Rs 12135.31 crore in the year ended March 2017 as against Rs 11104.66 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2844.502797.31 2 12135.3111104.66 9 OPM %5.687.15 -7.067.29 - PBDT211.47224.08 -6 986.49864.99 14 PBT134.02156.99 -15 698.68628.94 11 NP126.77136.03 -7 558.08489.28 14

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First Published: Apr 27 2017 | 5:06 PM IST

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