TVS Motor posted a rise in third-quarter profit, aided by higher sales of its two- and three-wheeler vehicles.
Image source: TVS
Profit rose 15.6 per cent to Rs. 178 crore ($24.92 million) in the three months ended December 31, from Rs. 154 crore a year earlier, the company said.
The company said sales of two-wheeler vehicles grew by 19 per cent while those of three-wheeler ones jumped 47 per cent, leading to a 26.1 per cent rise in revenue from operations
