Business Daily from THE HINDU group of publications
Tuesday, Jun 27, 2006
Business Daily from THE HINDU group of publications Tuesday, Jun 27, 2006 |
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Corporate
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Performance TVS Motor turnover up 12% Our Bureau
Bangalore , June 26 TVS Motor Co posted its highest-ever turnover of Rs 3,305.96 crore during the financial year 2005-06. The company achieved a growth of 12 per cent over the previous year's turnover of Rs 2,955.21 crore. The company has attributed this to a strong growth in the motorcycles market during the year. The company recorded a PBT of Rs 168.45 crore and PAT of Rs 117 crore during the period. The total number of two-wheelers sold during the year was 1.34 million units, recording a growth of 15 per cent over previous year's sales of 1.17 units. According to a release by the company, the launch of Apache helped strengthen the motorcycle portfolio of the company. Exports grew during the year clocking a record 78,644 units during the year as against 48,560 units in the corresponding previous year.
More Stories on : Performance | Two/Three Wheelers
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