TVS Motor Co net rises 2.78 times in FY`10

TVS Motor Company, registered a rise of 2.78 times in the net profit for the year ended Mar.31, 2010. During the year, the profit of the company stood at Rs 865 million as against Rs 311 million in the same quarter last year.

Total revenue of the company grew 18.38% to Rs 44,240 million as compared to the prior year period.

Shares of the company gained Rs 0.6, or 0.7%, to trade at Rs 86.90. The total volume of shares traded was 1,440,447 at the BSE (3.07 p.m., Wednesday).
Source  Indiacar.com Source : Myiris.com (4/21/2010)