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TVS MOTOR NET PROFIT DECLINES 35% TO Rs10.6 CRORE (net profit dips on higher income of Rs520.45 crore during the quarter ended 31 Dec 2001).

India Business Insight

| January 29, 2002 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

TVS Motor Company Ltd (TVS Motor) has announced 34.49 percent fall in net profit to Rs10.6 crore for the quarter ended 31 Dec 2001 (Rs16.18 crore for the quarter ended 31 Dec 2000). This was despite the total income increasing to Rs520.45 crore (Rs475 crore) and other income to Rs2.3 crore (Rs93,00,000). Interest costs were also lower at …

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