TVS Srichakra Q1 net profit up 147%

Tags: News
Two and three-wheeler tyre maker TVS Srichakra Ltd has more than doubled its net profit to Rs 17.26 crore in the first quarter ending June 30, 2014-15.

The Tamil Nadu-based company registered 146.9 per cent jump in net profit from Rs 6.99 crore clocked during the April-June period of 2013-14 fiscal.

Total income for the April-June quarter this fiscal grew to Rs 451 crore, from Rs 382.43 crore in the year-ago period.

For the financial year ending March 31, 2014, net profit was Rs 47.45 crore.

Total income for the financial year ending March 31, 2014 stood at Rs 1,670.99 crore, the statement said.

EDITORIAL OF THE DAY

  • The rich are showing interest, artie folks don’t seem enthused

    On the face of it, Pichvai, the 400-year-old dying art, has got a new patron in Nita Ambani.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Urs Schoettli

North Korea shakes up Manchuria

North Korea, officially the Democratic People’s Republic of Korea (DPRK), ...

Zehra Naqvi

Tree of life

Stories of trees that think, learn and speak are safely ...

Dharmendra Khandal

Let's leave bird songs to birds

The questions floating amongst wildlife enthusiasts these days are: Should ...