TVS Motor logs 32 percent growth in net profit


Chennai, April 29 (IANS): Two- and three-wheeler maker TVS Motor Company Ltd. closed last fiscal with 26.8 percent growth in total revenue and 32.9 percent growth in net profit, the company said on Wednesday.

In its statement issued here, the company said it closed 2014-15 with a total revenue of Rs.10,098.22 crore, up from Rs.7,965.94 crore posted during 2013-14.

Last fiscal the company posted a net profit of Rs.347.83 crore, up from Rs.261.63 crore logged during 2013-14.

The directors have declared a second interim dividend of Rs.1.15 per share for last fiscal.

During the year that ended on March 2015, the overall two-wheeler sales of TVS Motor Company, including exports, grew from 19.93 lakh units registered in the year 2013-14 to 24.09 lakh units in the year 2014-15.

 

  

Top Stories


Leave a Comment

Title: TVS Motor logs 32 percent growth in net profit



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.