TVS Motor logs 32 percent growth in net profit

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IANS Chennai
Last Updated : Apr 29 2015 | 4:28 PM IST

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.

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First Published: Apr 29 2015 | 4:20 PM IST

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