TVS Motors

TVS Records 42% Growth In Two Wheeler Sales

TVS Records 42% Growth In Two Wheeler SalesTVS Motors today reported 42% increase in sales during the last month of 2010 at 1,71,790 units.

The company recorded sales of 1,20,913 units in December 2009.

In the two-wheeler section, TVS Motors sales grew by 41% by selling 1,68,359 units in December 2010.

TVS Motors net profit zooms 157% to Rs 18.11 crore in Q1

TVS Motor Company, India's third largest two-wheeler maker, has bounced back this fiscal on account of improved sales. The company's net profit surged 157% to Rs
18.11 crore in the first quarter of the current fiscal, as compared to Rs 7.02 crore in the corresponding quarter last fiscal.

Net sales of the company rose 7% to Rs 975.62 crore in the first quarter of the current fiscal. The other operating income touched Rs 13.07 crore. Profit from operations before other income grew by 93% to Rs 37.19 crore.

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