T V S Motor Company standalone quarterly earnings up 31.08%
Source: IRIS | 03 Feb, 2015, 03.32PM
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| Rating: NAN / 5 stars. |
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T V S Motor Company disclosed a substantial rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 31.08% to Rs 901.80 million from Rs 688.00 million in the same quarter last year. Net sales for the quarter rose 28.93% to Rs 26,529.10 million, compared with Rs 20,576 million for the prior year period. Earnings per share for the quarter stood at Rs 1.90, registering 31.03% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 26,529.10 | 20,576.00 | 28.93 | | Net Profit | 901.80 | 688.00 | 31.08 | | Basic EPS | 1.90 | 1.45 | 31.03 |
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