TVS Motor announces lower Q2 net profit of Rs.24.83 Crores

TVS Motor Company Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 248.30 million for the quarter ended September 30, 2006 as compared to Rs 319.50 million for the quarter ended September 30, 2005. Total Income has increased from Rs 8153.60 million for the quarter ended September 30, 2005 to Rs 10887.50 million for the quarter ended September 30, 2006.

Further the Company has informed that, the board has declared an interim dividend of Re 0.70 per share on 23,75,43,557 equity shares of Re 1/- each.

Source : Equity Bulls

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