Third largest two-wheeler maker TVS Motor has reported a net profit of Rs 56 crore in the October-December quarter of FY12, which slightly increased as compared to Rs 55.7 crore in a year ago quarter.
Net sales went up 7.6% to Rs 1,732 crore from Rs 1,610 crore year-on-year.
Both numbers were less than analysts' expectations. CNBC-TV18 poll saw a profit after tax of Rs 60.2 crore and revenues of Rs 1,750 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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