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TVS Motor Company Ltd Q2FY24; 12% rise in Profits

TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers.

Financial Results:

TVS Motor Company Ltd reported Revenues for Q2FY24 of ₹9,933.00 Crores up from ₹8,561.00 Crore year on year, a rise of 16.03%.

Total Expenses for Q2FY24 of ₹9,308.00 Crores up from ₹8,040.00 Crores year on year, a rise of 15.77%.

Consolidated Net Profit of ₹416.00 Crores up 11.53% from ₹373.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.13, from ₹8.13 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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