TVS Motor Q3 net at Rs 324.8 million

TVS Motor Company Ltd has posted a net profit of Rs 324.80 million for the quarter ended December 31, 2002 as compared to Rs 106.80 million in the quarter ended December 31, 2001. Total Income has increased from Rs 5234.20 million in DQ-01 to Rs 7133.60 million in DQ-02.

The effects of high sales turnover, cost reduction, significant savings in interest cost, value engineering and concerted efforts at setting up production of match markets demands have directly reflected in the improved PAT as well as EPS.

BSE Code: 532343