TVS Motors net profit surges 158 percent
July 31st, 2009 - 5:33 pm ICT by IANS ( Leave a comment )Mumbai, July 31 (IANS) Two-wheeler major TVS Motors Friday reported a 158 percent jump in its net profit to Rs.18.12 crore in the first quarter this fiscal as compared to Rs.7.02 crore in the like period last year.
The company’s first quarter revenues recorded a growth of 7 percent to touch Rs.988.7 crore as against Rs.924.45 crore recorded in the corresponding quarter last year, it said in a regulatory statement.
The total two-wheeler sales during the quarter stood at 350,273 units, a growth of 2 percent from 343,530 units sold in the year-ago period.
Three-wheeler sales grew three times to 2,223 units in the June quarter as compared to 765 units sold in April-June 2008.
“Exports, however, were affected in the first quarter of the current fiscal and registered lower sales of 32,067 two wheelers in comparison with 42,214 units recorded in the corresponding period of the previous year,” the company statement said.
- TVS Motor's third quarter net profit up 1.39 percent - Jan 31, 2012
- TVS's Q3 net profit jumps 137 percent - Jan 20, 2011
- Bajaj Auto's third quarter profit jumps 40 percent - Jan 19, 2011
- Hero Honda quarterly net profit plunges 16.2 percent - May 04, 2011
- Hero Honda net profit jumps 13.4 percent - Jul 21, 2011
- TVS Motors closes March and fiscal with higher sales - Apr 01, 2011
- Bajaj Auto's Q3 net profit zooms 19 percent - Jan 19, 2012
- Tata Motors Q2 consolidated net profit down 15.55 percent - Nov 14, 2011
- Hero MotoCorp's October sales up 1.32 percent - Nov 01, 2011
- TVS Motor logs 14 percent sales growth in April - May 01, 2011
- Auto makers log growth despite rising prices - May 02, 2011
- TVS revenues grow 25 percent in third quarter - Jan 20, 2010
- TVS Motor Q2 net zooms to Rs.54.78 crore - Oct 21, 2010
- Indian automobile sector's March sales soar (Roundup) - Apr 01, 2011
- GAIL's second quarter net up 18.50 percent - Oct 24, 2011
Tags: company statement, crore, first quarter, net profit, previous year, quarter revenues, three times, three wheeler, tvs, two wheeler, two wheelers
