TVS Motor’s net profit up 33% in Q2-FY2017
by Autocar Pro News Desk , 28 Oct 2016

Strong motorcycle sales have helped TVS Motor report a net profit of Rs 177.93 crore in Q2-FY2017 as against Rs 132.96 crore in the same period last year, up 33.4% YoY.

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TVS' move to reintroduce the Victor has paid off as the commuter motorcycle is gaining traction in the domestic market.

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Online retail is increasingly catching up with the conventional way of selling vehicles starting from urban India.

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With the introduction of Protorq, the company looks to capitalise on the growing demand in the domestic market.

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The company reported total revenue of Rs 2,880.94 crore as against Rs 2,574.09 crore in Q1-FY2017 (up 12% YoY), while PBT grew 23% to Rs 160.82 crore ...

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Aravind will team up with Juan Pedrero, a Spanish champion, for Sherco-TVS Rally factory team at the Dakar Rally 2017. The third rallyist, a European ...

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Tigertouch and Tigerpaw are specially designed flotation radial tyres for spreaders, slurry tankers, trailers with 40% on-road application.

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TVS Motor Co, which has had a good run in FY2015-16, is looking to further expand manufacturing capacity at its plants.

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