TVS Motor Q4 net jumps fourfold on higher sales
The Hindu
It sells 1 lakh units overseas in March
TVS Motor Company Ltd. reported standalone net profit for the quarter ended March jumped almost fourfold to ₹289 crore, helped by higher sales volume. Revenue from operations grew 53% to ₹5,322 crore. Two-wheeler sales grew 41% in the domestic market and by 74% in the international market, surpassing the industry growth of 24% and 33% respectively, TVS Motor said in a statement on Tuesday.
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