TVS Motor Company has reported a 31 per cent rise in its net profit at Rs. 57.23 crore for the fourth quarter ended March 31, 2012, against Rs. 43.68 crore in the same period in the previous year. Total income from operations stood at Rs. 1,627.17 crore against Rs. 1,635.29 crore.
For the year ended March 31, 2012, total income was Rs. 7.126 crore against Rs. 6,288 crore.
The net profit was higher at Rs. 249.07 crore against Rs. 194.58 crore.
The Board has declared a second interim dividend of 70 paise per share, in addition to the earlier declared first interim dividend of 60 paise per share. There is no final dividend for the year ended March 31,2012.
