Business Standard

TVS Motor consolidated net profit rises 29% in Sept quarter to Rs 234 cr

Revenue from operations rises 23% to Rs 6,483 cr

For TVS, the premium push picked up speed in April this year when it acquired Norton for Rs 153.12 crore
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Shine Jacob Chennai
Two- and three-wheeler maker TVS Motor Company, the flagship company of Chennai-based TVS Group, has posted a 29 per cent increase in consolidated net profit for the second quarter of the financial year ended on September 30 to Rs 234.37 crore as compared to Rs 181.41 crore during the same period in 2020-21 owing to a rise in sales.

The company’s revenue from operations was also seen up by 23 per cent to Rs 6,483 crore during the period under review, as against Rs 5,254 crore during the same period during the last financial year.

Total two-wheeler sales of 870,000

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