The company had posted a net loss of Rs 32.72 crore in the January-March quarter of the previous year.
Net sales during the quarter under review stood at Rs 2,120.77 crore as against Rs 1752.16 crore in the same period last year.
Motorcycles sales during the fourth quarter increased to 1.97 lakh units from 1.85 lakh units in the year-ago period, while scooter sales jumped to 1.37 lakh units from 0.95 lakh units, the company said in a statement.
TVS Motor Co said its three-wheeler sales increased to 0.21 lakh units in the fourth quarter of 2013-14 from 0.14 lakh units in the year-ago period.
The directors have declared a second interim dividend of 75 paisa per share on the share capital of Rs 47.51 crore for the year 2013-14.
For the financial year ended March 31, 2014, the company posted a consolidated net profit of Rs 186.30 crore, down 5.6 per cent, as against Rs 197.54 crore in the previous fiscal.
Overall two-wheeler sales, including exports, stood at 19.93 lakh units during the fiscal as compared to 19.95 lakh units for the year ended March 2013, the company said.
Motorcycle sales increased to 7.86 lakh units in FY14 from 7.56 lakh units FY13, while that of scooters increased to 4.74 lakh units from 4.46 lakh units, it added.
Three-wheeler sales of the company increased to 80,235 units in FY14 from 49,143 units in the previous year, it added.
Total exports of the company for the year ended March 31, 2014, increased to 3.09 lakh units from 2.45 lakh units recorded in the previous year, the company added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%