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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India must follow China on its path to the future

    There are many theories, real and imagined, doing the rounds in the national and international media about Barack Obama’s overtures to ‘rebalance

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Will the adventurous UGC succeed?

The impact of the Modi government on the education sector ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Dharmendra Khandal

Don’t interfere with nature

Just before we celebrated the news of tiger numbers swelling, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture