TVS Motor Misses Q2 Profit Forecast on Weak Exports | Tech Reddy

[ad_1] Indian two-wheeler maker TVS Motor Company Ltd reported a lower-than-expected rise in second-quarter profit on Friday, hurt by higher costs and the economic slowdown in several of its key markets. The company’s profit rose 46.8% to 4.07 billion Indian rupees ($49.51 million) in the three months ended September 30, compared with 2.78 billion rupees … Read more

Ayesha Motors misses profit estimates as costs rise | Tech Reddy

[ad_1] India’s Eicher Motors Ltd missed analysts’ estimates for quarterly profit on Thursday, as costs at the Royal Enfield motorcycle maker rose 50%. The company’s consolidated net profit rose 76% year-on-year to 6.57 billion Indian rupees ($80.41 million) in the quarter ended Sept. 30, while income from operations rose 56.45% to 35.19 billion rupees. Analysts … Read more

Ayesha Motors misses profit estimate by 50% as costs rise | Tech Reddy

[ad_1] The company’s net profit rose 76% year over year to $80.41 million in Q2. Bangalore: Isher Motors Ltd fell short of analysts’ estimates for quarterly profit on Thursday as costs at the Royal Enfield motorcycle maker rose 50%. The company’s consolidated net profit rose 76% year-on-year to 6.57 billion Indian rupees ($80.41 million) in … Read more

TVS Credit Services posts highest quarterly profit | Tech Reddy

[ad_1] TVS Credit Services Ltd, a non-banking finance company, reported a 264 percent increase in net income at ₹96 crore, a quarterly high, for the quarter ended September 30, 2022, from ₹26 million a year earlier. -last quarter, on the back of a strong increase in revenue. Its total revenue for the September 2022 quarter … Read more

India’s TVS Motor missed Q2 profit estimates on weak exports | Tech Reddy

[ad_1] BENGALURU, Nov 4 (Reuters) – Indian two-wheeler maker TVS Motor Company Ltd ( TVSM.NS ) reported lower-than-expected growth in the second quarter on Friday, hurt by higher costs and an economic slowdown in several regions. its main markets. The company’s profit rose 46.8% to 4.07 billion Indian rupees ($49.51 million) in the three months … Read more

TVS Credit reports higher quarterly profit at Rs 96 cr in Sep’22 on strong consumer demand. | Tech Reddy

[ad_1] TVS Credit, the financial services arm of the TVS group, reported a record quarterly profit of Rs 96.24 crore in the three months to September 2022, on strong consumer demand. The company reported revenue of $26.41 million last year. Total income during July-September 2022-23 for the financial year 2022-23 increased by 46 percent to … Read more

MATIC paid face 200% profit on Polygon adoption by Instagram, JPMorgan | Tech Reddy

[ad_1] Polygon (MATIC) emerged as the best-performing asset among the leading cryptocurrencies on November 3 as the market turned its attention to the latest announcements by Instagram and JPMorgan. Polygon in multi-links Meta, the parent company of Instagram, named Polygon as the first partner for its upcoming nonfungible token (NFT) tools that allow users to … Read more