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TVS Motor Company Ltd Q3FY24; 68% 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 Q3FY24 of ₹10,114.00 Crores up from ₹8,066.00 Crore year on year, a rise of 25.39%.

Total Expenses for Q3FY24 of ₹9,375.00 Crores up from ₹7,610.00 Crores year on year, a rise of 23.19%.

Consolidated Net Profit of ₹510.00 Crores up 67.76% from ₹304.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.08, up 59.24% from ₹6.33 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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